Get an SBA Loan for Advertising Agencies
Looking for small business loans for advertising agencies? Talk to a banker who works with the SBA. This $380,000 advertising agencies loan was issued by a Pennsylvania bank.
Getting a small business loan in Pittsburgh, Pennsylvania was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Enterprise Bank, operating out of Allison Park, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
PITTSBURGH, PA 15222
SBA Loan Lender
ENTERPRISE BANK
4091 MOUNT ROYAL BLVD
ALLISON PARK, PA 15101
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7311 - Advertising Agencies
NAICS Code
541810 - Advertising Agencies
Loan Approval Date
5/24/2002
Loan Approval Gross Amount
$380,000
Loan Approval from the SBA
Of the total $380,000 loan amount, the SBA guaranteed $285,000.
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 27 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Enterprise Bank and they will explain how you can get an SBA loan for your company.
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:
Business Credit Evaluation
Banks in Allison Park, Pennsylvania
SBA Lenders in Pennsylvania