Business Loan from Irwin Bank Given to Accounting, Auditing, And Bookkeeping Services Company

An SBA loan from Irwin Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Irwin, Pennsylvania business owner got a $33,600 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Irwin, Pennsylvania was able to borrow $33,600 from Irwin Bank. The SBA made the loan possible by guaranteeing $28,560 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING, AUDITING, AND BOOKKEEPING SERVICES
IRWIN, PA 15642

SBA Loan Lender

IRWIN BANK
309 MAIN ST
IRWIN, PA 15642

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8721 - Accounting, Auditing, and Bookkeeping Services

NAICS Code

541219 - Accounting Services

Loan Approval Date

8/8/2003

Loan Approval Gross Amount

$33,600

Loan Approval from the SBA

Of the total $33,600 loan amount, the SBA guaranteed $28,560.

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 2 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Irwin Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Getting an SBA Loan in Pennsylvania