Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Pennsylvania Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Signs By Tomorrow Franchise Issued By Bank Of America

Need money to invest in a Signs By Tomorrow franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Signs By Tomorrow franchise requires some effort but others before you have been successful. In 2003, Bank Of America issued an SBA franchise loan to an entrepreneur in Ardmore, Pennsylvania. Because Signs By Tomorrow was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

SIGNS BY TOMMOROW
ARDMORE, PA 19003

SBA Loan Lender

BANK OF AMERICA
4 SENTRY PKWY, STE 200
BLUE BELL, PA 19422

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

339950 - Sign Manufacturing

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Banks for Blue Bell, Pennsylvania Loans

Pennsylvania SBA Bank Lenders