Entrepreneur Works With Hermitage, Pennsylvania Bank to Get an SBA Loan
Want to talk with a Hermitage, Pennsylvania bank about a business 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 Harrisburg, Pennsylvania. They received an SBA loan for $41,400. Great job!
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
HARRISBURG, PA 17113
SBA Loan Lender
FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148
This lender processed this SBA business 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
454390 - Direct Selling Establishments
Loan Approval Date
5/30/2007
Loan Approval Gross Amount
$41,400
Loan Approval from the SBA
Of the total $41,400 loan amount, the SBA guaranteed $20,700.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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