Commercial Loans for Cable and Subscription Programming
Looking for commercial loans for cable and subscription programming? The SBA may be the answer. This $493,000 cable and subscription programming loan was issued by a Texas bank.
Getting a small business loan in Arlington, Texas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Woodhaven National Bank, operating out of Fort Worth, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: CABLE AND SUBSCRIPTION PROGRAMMING
ARLINGTON, TX 76013
SBA Loan Lender
WOODHAVEN NATIONAL BANK
6750 BRIDGE ST
FORT WORTH, TX 76112
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
515210 - Cable and Subscription Programming
Loan Approval Date
9/16/2005
Loan Approval Gross Amount
$493,000
Loan Approval from the SBA
Of the total $493,000 loan amount, the SBA guaranteed $369,750.
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 6 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 Woodhaven National 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:
Accountant's Role in Securing Financing
SBA 7A Banks in Fort Worth, Texas
Getting an SBA Loan in Texas