Self-Help Cu Provides SBA Loan to Buy Signs By Tomorrow Franchise

Borrowing money to invest in a Signs By Tomorrow franchise? Self-Help Cu has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Signs By Tomorrow franchise? If so, here's a 2001 SBA franchise loan that you should know about. Self-Help Cu was the lender and the entrepreneur was based in Matthews, North Carolina.

SBA Loan Borrower

SIGNS BY TOMORROW
MATTHEWS, NC 28105

SBA Loan Lender

SELF-HELP CU
301 W MAIN ST
DURHAM, NC 27701

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3993 - Signs and Advertising Specialties

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

5/18/2001

Loan Approval Gross Amount

$136,507

Loan Approval from the SBA

Of the total $136,507 loan amount, the SBA guaranteed $116,030.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours 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:

Signs By Tomorrow

Startup Funding Tip

SBA Participating Banks in Durham, North Carolina

Getting a Business Loan in North Carolina