Where to Get Capital for Advertising Agencies
Looking for SBA loans for advertising agencies? Talk to a banker who works with the SBA. This $1,189,200 advertising agencies loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $1,189,200 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $628,468 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
AUSTIN, TX 78702
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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.
SIC Code
7311 - Advertising Agencies
NAICS Code
541810 - Advertising Agencies
Loan Approval Date
2/18/2000
Loan Approval Gross Amount
$1,189,200
Loan Approval from the SBA
Of the total $1,189,200 loan amount, the SBA guaranteed $628,468.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 24 employees. The SBA loan application for the borrower indicated that the loan would help retain 24 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $1,189,200. How would you spend $1,189,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Equity Financing
Small Bank Loans in Cincinnati, Ohio
Ohio SBA Bank Lenders