Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Pennsylvania Bank SBA Loans

 

 
Loan Census SBA Loan Info

First Commonwealth Bank SBA Loan to Health And Allied Services Company

Want a Pennsylvania business loan? Here's one Pennsylvania business loan that was approved by the SBA.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Export, Pennsylvania was able to borrow $20,000 from First Commonwealth Bank. The SBA made the loan possible by guaranteeing $16,000 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND ALLIED SERVICES
EXPORT, PA 15632

SBA Loan Lender

FIRST COMMONWEALTH BANK
111 S MAIN ST
GREENSBURG, PA 15601

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8099 - Health and Allied Services

Loan Approval Date

6/5/2000

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $16,000.

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 9 employees. The loan application did not indicate that the SBA funding recipient 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 wondering how to raise money for a company in Export PA, you ought to talk with a local Export SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Export businesses.

We can help you find the best banks for small businesses in Export or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Financing Your Business

SBA Banks in Greensburg, Pennsylvania

Getting a Business Loan in Pennsylvania