Small Business Loans for Services Related to Advertising
Looking for small business loans for services related to advertising? Talk to a banker who works with the SBA. This $34,900 services related to advertising loan was issued by a Missouri bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bloomingtion, Illinois was able to borrow $34,900 from Commerce Bank. The SBA made the loan possible by guaranteeing $17,450 of this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
BLOOMINGTION, IL 61704
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541890 - Services Related to Advertising
Loan Approval Date
6/19/2006
Loan Approval Gross Amount
$34,900
Loan Approval from the SBA
Of the total $34,900 loan amount, the SBA guaranteed $17,450.
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 loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Bloomingtion IL, you ought to talk with a local Bloomingtion SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bloomingtion businesses.
This SBA loan was for $34,900. How would you spend $34,900 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:
Small Business Credit Cards
SBA Banks in Kansas City, Missouri
Missouri SBA Banks