Business Loans for Pump and Pumping Equipment Manufacturing

Looking for business loans for pump and pumping equipment manufacturing? Talk to a banker who works with the SBA. This $100,000 pump and pumping equipment manufacturing loan was issued by a Pennsylvania bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Star Savings Bank, out of Bethlehem, Pennsylvania. The loan was granted and they received $100,000 to help grow their Bethlehem, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: PUMPS AND PUMPING EQUIPMENT
BETHLEHEM, PA 18015

SBA Loan Lender

FIRST STAR SAVINGS BANK
418 W BROAD ST
BETHLEHEM, PA 18018

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3561 - Pumps and Pumping Equipment

NAICS Code

333911 - Pump and Pumping Equipment Manufacturing

Loan Approval Date

6/20/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Star Savings Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Star Savings Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

SBIR Funding

Small Business Banks in Bethlehem, Pennsylvania

SBA Pennsylvania Banks