New Castle, Delaware Business Gets SBA-Guaranteed Funding from United Bank Of Philadelphia

United Bank Of Philadelphia has a track record as a leading provider of SBA loans. Find out how this Delaware entrepreneur received an SBA loan from them.

Getting a small business loan in New Castle, Delaware was an essential business goal for this firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from United Bank Of Philadelphia, operating out of Philadelphia, Pennsylvania. Here are the details on this Delaware small business loan.

SBA Loan Borrower

COMPANY TYPE: HELP SUPPLY SERVICES
NEW CASTLE, DE 19720

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 business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7363 - Help Supply Services

NAICS Code

561320 - Temporary Help Services

Loan Approval Date

11/9/2001

Loan Approval Gross Amount

$230,000

Loan Approval from the SBA

Of the total $230,000 loan amount, the SBA guaranteed $172,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 257 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $230,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How Much Venture Capital Is There?

Find an SBA Lender in Philadelphia, Pennsylvania

Pennsylvania SBA 7A Lenders