How to Get a Loan for Mobile Food Services
Looking for commercial loans for mobile food services? The SBA may be the answer. This $330,000 mobile food services loan was issued by a Pennsylvania bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Philadelphia, Pennsylvania was able to borrow $330,000 from Allegiance Bank - No. America. The SBA made the loan possible by guaranteeing $247,500 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: DAIRY PRODUCTS STORES
PHILADELPHIA, PA 19135
SBA Loan Lender
ALLEGIANCE BANK - NO. AMERICA
ONE BELMONT AVE, STE 105
BALA CYNWYD, PA 19004
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
5451 - Dairy Products Stores
NAICS Code
722330 - Mobile Food Services
Loan Approval Date
1/19/2001
Loan Approval Gross Amount
$330,000
Loan Approval from the SBA
Of the total $330,000 loan amount, the SBA guaranteed $247,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Role of Business Plan When Raising Money
SBA 7A Banks in Bala Cynwyd, Pennsylvania
Pennsylvania SBA 7A Lenders