Small Business Loans for Social Advocacy Organizations

Looking for small business loans for social advocacy organizations? Try the SBA. This $81,000 social advocacy organizations loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in King Of Prussia, Pennsylvania was able to borrow $81,000 from United Bank Of Philadelphia. The SBA made the loan possible by guaranteeing $60,750 of this Pennsylvania small business loan.

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 loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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

$81,000

Loan Approval from the SBA

Of the total $81,000 loan amount, the SBA guaranteed $60,750.

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 60 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $81,000. How would you spend $81,000 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.

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