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May 17, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Hollidaysburg, Business Loans > First Commonwealth Bank Hollidaysburg Business Loans > Electrical Appliances, Television And Radio Sets Loan | ||||
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Who Lends Money to Ambridge Business Owners
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First Commonwealth Bank Gives SBA Loan to Electrical Appliances, Television And Radio Sets CompanyWant a Pennsylvania SBA loan? This Pennsylvania entrepreneur got an SBA loan, provided by a Pennsylvania bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Ambridge, Pennsylvania by studying this loan to a local business, made back in 2000. Banks like First Commonwealth Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRICAL APPLIANCES, TELEVISION AND RADIO SETS SBA Loan Lender FIRST COMMONWEALTH BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5064 - Electrical Appliances, Television and Radio Sets NAICS Code 421620 - Electrical Appliance, Television, and Radio Set Wholesalers Loan Approval Date 5/31/2000 Loan Approval Gross Amount $446,000 Loan Approval from the SBA Of the total $446,000 loan amount, the SBA guaranteed $334,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Commonwealth Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Who Lends Money to Small Businesses in Hollidaysburg, Pennsylvania
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