SBA Loans for Cellular and Wireless

Looking for SBA loans for cellular and wireless? The SBA may be the answer. This $80,000 cellular and wireless loan was issued by an Alabama bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Alabama Tr Bank, out of Sylacauga, Alabama. The loan was granted and they received $80,000 to help grow their Sylacauga, Alabama business.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATIONS SERVICES
SYLACAUGA, AL 35150

SBA Loan Lender

ALABAMA TR BANK
101 W FT. WILLIAMS ST
SYLACAUGA, AL 35150

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4899 - Communications Services

NAICS Code

513322 - Cellular and Wireless

Loan Approval Date

8/15/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

We can help you find the best banks for small businesses in Sylacauga or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Find Start-Up Capital

Small Bank Loans in Sylacauga, Alabama

Alabama SBA 7A Banks