Entrepreneur Works With Pittsburgh, Pennsylvania Bank to Get an SBA Loan
Thinking about meeting with a Pittsburgh, Pennsylvania bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Pittsburgh bank, that was approved by the SBA.
Applying for an SBA loan with National City Bank worked out well for our friends at one local firm in Lawrence, Pennsylvania. The business was able to get an SBA loan for $30,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
Lawrence, PA 15055
SBA Loan Lender
NATIONAL CITY BANK
20 STANWIX ST, NATIONAL CITY
PITTSBURGH, PA 15222
This lender processed this bank 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.
448310 - Jewelry Stores
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
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.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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