Philadelphia, Pennsylvania Bank Lends Money to Motion Picture And Video Tape Production Company in Boyertown, Pennsylvania
Want to talk with a Philadelphia, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by a Philadelphia bank, that was approved by the SBA.
Applying for an SBA loan with Penn Business Credit, Inc worked out well for our friends at one local business in Boyertown, Pennsylvania. The business was able to get an SBA loan for $100,000. Great job!
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO TAPE PRODUCTION
BOYERTOWN, PA 19512
SBA Loan Lender
PENN BUSINESS CREDIT, INC
1601 MARKET STREET, SUITE 256
PHILADELPHIA, PA 19103
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7812 - Motion Picture and Video Tape Production
NAICS Code
512110 - Motion Picture and Video Production
Loan Approval Date
12/5/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $90,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Boyertown 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.
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