Getting an SBA Loan for Sound Recording Industries
Looking for commercial loans for sound recording industries? The SBA may be the answer. This $75,000 sound recording industries loan was issued by a Wisconsin bank.
This business knew how to go about getting a business bank loan. Based in Appleton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Community First Cu, based in Appleton, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: SOUND RECORDING INDUSTRIES
APPLETON, WI 54911
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
The lender provided this debt financing 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
512290 - Sound Recording Industries
Loan Approval Date
4/29/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Debt Financing
Small Business Banks in Appleton, Wisconsin
Getting an SBA Loan in Wisconsin