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May 15, 2024  
 
 
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How to Get SBA Loans in Clarks Summit, Pennsylvania

 

 
Loan Census SBA Loan Info

SBA Loans for Brick, Stone, and Related Construction Material Merchant Wholesalers

Looking for SBA loans for brick, stone, and related construction material merchant wholesalers? Talk to a banker who works with the SBA. This $1,726,700 brick, stone, and related construction material merchant wholesalers loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clarks Summit, Pennsylvania was able to borrow $1,726,700 from Pennstar Bank, A Division Of. The SBA made the loan possible by guaranteeing $1,295,025 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIAL MERCHANT WHOLESALERS
CLARKS SUMMIT, PA 18411

SBA Loan Lender

PENNSTAR BANK, A DIVISION OF
133 MAIN ST
SUSQUEHANNA, PA 18847

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers

Loan Approval Date

12/26/2006

Loan Approval Gross Amount

$1,726,700

Loan Approval from the SBA

Of the total $1,726,700 loan amount, the SBA guaranteed $1,295,025.

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 21 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pennstar Bank, A Division Of and they will explain how you can get an SBA loan for your company.

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:

Business Incubators

SBA 7A Banks in Susquehanna, Pennsylvania

Where to Get an SBA Loan Pennsylvania