First National Bank - Pennsylvania SBA Loan to No Industry Type Specified Company
Searching for a Pennsylvania SBA loan? Here's one Pennsylvania business loan that was approved by the SBA.
This small business needed an SBA business loan in Boswell, Pennsylvania back in 2003 and, after submitting 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: NO INDUSTRY TYPE SPECIFIED
BOSWELL, PA 15531
SBA Loan Lender
FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
421390 -
Loan Approval Date
4/28/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Boswell PA, you ought to talk with a local Boswell SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boswell businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Pennsylvania so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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