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May 8, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Beulah, Business Loans > The Union Bank Beulah Business Loans > Advertising Agencies Loan | ||||
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Beulah Bank Loan
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Beulah, North Dakota Lender Lends Money to Advertising Agencies CompanyA Beulah, North Dakota small business loan can be yours. Learn how one firm got a $189,000 business loan from this North Dakota bank. This loan to an entrepreneur is a good example of an SBA loan. The Union Bank made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender THE UNION BANK This bank 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 Loan Approval Date 1/15/2003 Loan Approval Gross Amount $189,000 Loan Approval from the SBA Of the total $189,000 loan amount, the SBA guaranteed $141,750. 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 40 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The Union Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The Union Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Best Beulah, North Dakota Banks for Small Business Where to Get an SBA Loan North Dakota
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