Where to Get Capital for Services Related to Advertising
With these small business loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $50,000 was given to a Pennsylvania entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Feasterville, Pennsylvania was able to borrow $50,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $25,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
FEASTERVILLE, PA 19053
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541890 - Services Related to Advertising
Loan Approval Date
1/19/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 2 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Startup Funding Tip
SBA 7A Banks for Pittsburgh, Pennsylvania Loans
Getting an SBA Loan in Pennsylvania