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April 28, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > New York City, Business Loans > Woori America Bank New York City Business Loans > Public Relations Agencies Loan | ||||
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Business Loans for Fort Lee Small Businesses
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Public Relations Agencies Bank LoansLooking for bank loans for public relations agencies? The SBA may be the answer. This $200,000 public relations agencies loan was issued by a New York bank. This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Woori America Bank, out of New York City, New York. The loan was granted and they received $200,000 to help grow their Fort Lee, New Jersey business. SBA Loan Borrower COMPANY TYPE: PUBLIC RELATIONS AGENCIES SBA Loan Lender WOORI AMERICA BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 541820 - Public Relations Agencies Loan Approval Date 3/23/2006 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 Woori America 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: Realistic Debt Financing Options Who Lends Money to Small Businesses in New York City, New York
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