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May 20, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Hermitage, Business Loans > First National Bank - Pennsylvania Hermitage Business Loans > School And Employee Bus Transportation Loan | ||||
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First National Bank - Pennsylvania
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Business Loan from First National Bank - Pennsylvania Given to School And Employee Bus Transportation CompanyFirst National Bank - Pennsylvania and the SBA work together to get business loans for growing small businesses. Here's an example of how a Pennsylvania entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Artemas, Pennsylvania was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Pennsylvania, operating out of Hermitage, Pennsylvania. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: SCHOOL AND EMPLOYEE BUS TRANSPORTATION SBA Loan Lender FIRST NATIONAL BANK - PENNSYLVANIA The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 485410 - School and Employee Bus Transportation Loan Approval Date 2/6/2003 Loan Approval Gross Amount $47,100 Loan Approval from the SBA Of the total $47,100 loan amount, the SBA guaranteed $23,550. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $47,100. How would you spend $47,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA Participating Banks in Hermitage, Pennsylvania SBA Participating Banks in Pennsylvania
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