Loan Census Banking News and Information
May 20, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Transfer, Pennsylvania Business Owners

 

 
Loan Census SBA Loan Info

Business Loans for Florists

Looking for business loans for florists? Talk to a banker who works with the SBA. This $95,000 florists loan was issued by a Pennsylvania bank.

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

SBA Loan Borrower

COMPANY TYPE: FLORISTS
TRANSFER, PA 16154

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148

This lender processed this 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.

NAICS Code

453110 - Florists

Loan Approval Date

4/26/2005

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $47,500.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Transfer PA, you ought to talk with a local Transfer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Transfer businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank - Pennsylvania and they will explain how you can get an SBA loan for your company.

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:

Understanding Dilution

Best Hermitage, Pennsylvania Banks for Small Business

Getting an SBA Loan in Pennsylvania