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December 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Philadelphia, Business Loans > Citizens Bank Of Pennsylvania Philadelphia Business Loans > Telecommunications Loan | ||||
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Who Can Get a Business Loan in Audubon, Pennsylvania?
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Get an SBA Loan for TelecommunicationsWith these small business loans for telecommunications, the SBA guarantees the lender that the loan will be repaid. This telecommunications loan for $35,000 was given to a Pennsylvania entrepreneur in 2007. This company knew how to go about getting a business bank loan. Based in Audubon, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Citizens Bank Of Pennsylvania, based in Philadelphia, Pennsylvania. SBA Loan Borrower COMPANY TYPE: TELECOMMUNICATIONS SBA Loan Lender CITIZENS BANK OF PENNSYLVANIA This lender processed this loan for a small business 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 517919 - Telecommunications Loan Approval Date 12/20/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Audubon or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks for Small Business in Philadelphia, Pennsylvania
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