 |
 |
May 9, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Erie, Business Loans > National City Bank Erie Business Loans > Electrical Work Loan | ||||
 |
||||
Small Business Banks for Meadville, Pennsylvania Small Businesses
|
||||
 |
Commercial Loans for Electrical Contractors and Wiring Installation ContractorsLooking for commercial loans for electrical contractors and wiring installation contractors? Try the SBA. This $292,950 electrical contractors and wiring installation contractors loan was issued by a Pennsylvania bank. This business knew how to go about getting a business bank loan. Based in Meadville, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was National City Bank, based in Erie, Pennsylvania. SBA Loan Borrower COMPANY TYPE: ELECTRICAL WORK SBA Loan Lender NATIONAL CITY BANK This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1731 - Electrical Work NAICS Code 238210 - Electrical Contractors and Wiring Installation Contractors Loan Approval Date 3/14/2006 Loan Approval Gross Amount $292,950 Loan Approval from the SBA Of the total $292,950 loan amount, the SBA guaranteed $219,713. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 36 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: Small Business Banks in Erie, Pennsylvania
|
|
||
|
||||
|
|
||||