Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Advice for Entrepreneurs On Getting a Loan

 

 
Loan Census SBA Loan Info

Raising Money for Music Publishers

Looking for business loans for music publishers? The SBA may be the answer. This $12,000 music publishers loan was issued by a North Carolina bank.

This small business knew how to go about getting a business bank loan. Based in Beverly Hills, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of America, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: MUSIC PUBLISHERS
BEVERLY HILLS, CA 90211

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

512230 - Music Publishers

Loan Approval Date

6/9/2005

Loan Approval Gross Amount

$12,000

Loan Approval from the SBA

Of the total $12,000 loan amount, the SBA guaranteed $6,000.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Beverly Hills CA, you ought to talk with a local Beverly Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beverly Hills businesses.

This SBA loan was for $12,000. How would you spend $12,000 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:

504 Loans

Where to Get an SBA Loan in Charlotte, North Carolina

SBA Participating Banks in North Carolina