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May 20, 2024  
 
 
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Raising Money in East Freedom, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Special Needs Transportation SBA Loans

Looking for SBA loans for special needs transportation? Talk to a banker who works with the SBA. This $150,000 special needs transportation loan was issued by a Pennsylvania bank.

This business knew how to go about getting a business bank loan. Based in East Freedom, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First National Bank - Pennsylvania, based in Hermitage, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: SPECIAL NEEDS TRANSPORTATION
EAST FREEDOM, PA 16637

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

485991 - Special Needs Transportation

Loan Approval Date

7/14/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 13 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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