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November 15, 2024  
 
 
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Raising Money in King Of Prussia, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Social Advocacy Organizations

Looking for bank loans for social advocacy organizations? The SBA may be the answer. This $103,000 social advocacy organizations loan was issued by a Pennsylvania bank.

This small firm 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 $103,000 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

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.

NAICS Code

813319 - Social Advocacy Organizations

Loan Approval Date

7/13/2005

Loan Approval Gross Amount

$103,000

Loan Approval from the SBA

Of the total $103,000 loan amount, the SBA guaranteed $77,250.

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. This SBA loan request did not indicate that the business 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?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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