Saltsburg, Pennsylvania Business Gets SBA-Guaranteed Funding from Pnc Bank, National Association
An SBA loan from Pnc Bank, National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saltsburg, Pennsylvania business owner got a $1,350,000 loan.
This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Pnc Bank, National Association, out of Pittsburgh, Pennsylvania. The loan was granted and they received $1,350,000 to help grow their Saltsburg, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
SALTSBURG, PA 15681
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
7261 - Funeral Service and Crematories
812210 - Funeral Homes and Funeral Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $1,350,000 loan amount, the SBA guaranteed $999,999.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 9 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Pnc Bank, National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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