Financing for Social Advocacy Organizations

Looking for commercial loans for social advocacy organizations? The SBA may be the answer. This $73,600 social advocacy organizations loan was issued by a Pennsylvania bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with United Bank Of Philadelphia, out of Philadelphia, Pennsylvania. The loan was granted and they received $73,600 to help grow their King Of Prussia, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: SOCIAL ADVOCACY ORGANIZATIONS
KING OF PRUSSIA, PA 19406

SBA Loan Lender

UNITED BANK OF PHILADELPHIA
30 S 15TH ST, STE1200
PHILADELPHIA, PA 19102

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

813319 - Social Advocacy Organizations

Loan Approval Date

7/13/2005

Loan Approval Gross Amount

$73,600

Loan Approval from the SBA

Of the total $73,600 loan amount, the SBA guaranteed $55,200.

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 60 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Philadelphia, Pennsylvania

SBA Lenders in Pennsylvania