Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Hermitage, Pennsylvania SBA Banks

 

 
Loan Census SBA Loan Info

Hermitage, Pennsylvania Lender Lends Money to Health Practitioners Company

Want to talk with a Hermitage, Pennsylvania bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Hermitage bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank - Pennsylvania worked out well for our friends at one local firm in Greensburg, Pennsylvania. They received an SBA loan for $100,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
GREENSBURG, PA 15601

SBA Loan Lender

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

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

621399 - Health Practitioners

Loan Approval Date

7/16/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 3 employees. The SBA loan documents indicated that the funding would help generate 4 new jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

If you need emergency money for small 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.

Related Links:

Understanding Dilution

SBA 7A Lenders in Hermitage, Pennsylvania

Pennsylvania SBA Banks