Loan Census Banking News and Information
May 21, 2024  
 
 
  Business Loan Information  
 

Raising Money in Pittsburgh, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Computer Related Services

With these commercial loans for computer related services, the SBA guarantees the lender that the loan will be repaid. This computer related services loan for $25,000 was given to a Pennsylvania entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Pittsburgh, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Pnc Bank, National Association, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
PITTSBURGH, PA 15203

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541519 - Computer Related Services

Loan Approval Date

4/19/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find business people willing to loan money, 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.

Related Links:

Borrowing Money from Friends and Family

Best Banks in Pittsburgh, Pennsylvania

Pennsylvania SBA 7A Lenders