Hatboro, PA Entrepreneur Gets SBA Loan to Buy Signs Now Franchise

Need a loan to purchase a Signs Now franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.

Signs Now franchise loans are available to Hatboro, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Newtek Small Business Finance Inc., based in New York, New York, issued an SBA franchise loan for a Signs Now franchise in 2006. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

SIGNS NOW
HATBORO, PA 19040

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

8/17/2006

Loan Approval Gross Amount

$216,400

Loan Approval from the SBA

Of the total $216,400 loan amount, the SBA guaranteed $162,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs Now franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

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

This SBA loan was for $216,400. How would you spend $216,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Signs Now Corporation

The Friends and Family Network

Small Business Banks in New York, New York

Getting an SBA Loan in New York