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November 21, 2024  
 
 
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Loan Census SBA Loan Info

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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