Pittsburgh, PA Entrepreneur Gets SBA Loan to Buy Signs By Tomorrow Franchise

Borrowing money to buy a Signs By Tomorrow franchise? Fidelity Savings Bank D/b/a Fide 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 2005 SBA franchise loan that you should know about. Fidelity Savings Bank D/b/a Fide was the lender and the entrepreneur was based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

KBM 2000 GRAPHICS,INC. DBA SIG
PITTSBURGH, PA 15237

SBA Loan Lender

FIDELITY SAVINGS BANK D/B/A FIDE
1339 FREEDOM RD
CRANBERRY TOWNSHIP, PA 16066

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

9/26/2005

Loan Approval Gross Amount

$93,800

Loan Approval from the SBA

Of the total $93,800 loan amount, the SBA guaranteed $79,730.

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 5 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Signs By Tomorrow

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Best Cranberry Township, Pennsylvania Banks for Small Business

Getting an SBA Loan in Pennsylvania