Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Erie Bank Loan

 

 
Loan Census SBA Loan Info

Erie, Pennsylvania Lender Lends Money to Public Golf Courses Company

Want to talk with an Erie, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by an Erie 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 New Wilmington, Pennsylvania. The business was able to get an SBA loan for $95,650. Nice!

SBA Loan Borrower

COMPANY TYPE: PUBLIC GOLF COURSES
NEW WILMINGTON, PA 16142

SBA Loan Lender

NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7992 - Public Golf Courses

NAICS Code

713910 - Golf Courses and Country Clubs

Loan Approval Date

8/9/2002

Loan Approval Gross Amount

$95,650

Loan Approval from the SBA

Of the total $95,650 loan amount, the SBA guaranteed $71,738.

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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Debt Financing

Who Lends Money to Small Businesses in Erie, Pennsylvania

Pennsylvania SBA 7A Lenders