Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Ardmore Pennsylvania

 

 
Loan Census SBA Loan Info

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

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

If you live near Ardmore, Pennsylvania and are interested in buying a Signs By Tomorrow franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SIGNS BY TOMORROW
ARDMORE, PA 19003

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

7/6/2001

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Ardmore PA, you ought to talk with a local Ardmore SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ardmore businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of America are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

Small Business Credit Cards

Best Banks for Small Business in Blue Bell, Pennsylvania

SBA Lenders in Pennsylvania