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December 19, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Villanova, Business Loans > Sovereign Bank Villanova Business Loans > Radio And Television Broadcasting And Wireless Communications Equipment Loan | ||||
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Pennsylvania SBA Lenders
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Villanova, Pennsylvania Lender Lends Money to Radio And Television Broadcasting And Wireless Communications Equipment CompanyWant to talk with a Villanova, Pennsylvania bank about a small business loan? Here's one Rhode Island business loan, issued by a Villanova bank, that was approved by the SBA. Applying for an SBA loan with Sovereign Bank worked out well for our friends at one local firm in Woonsocket, Rhode Island. They got an SBA loan for $30,000. Great job! SBA Loan Borrower COMPANY TYPE: RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT SBA Loan Lender SOVEREIGN BANK This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Loan Approval Date 10/24/2005 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sovereign Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Accountant's Role in Securing Financing SBA 7A Banks in Villanova, Pennsylvania
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