Get an SBA Loan for Motion Picture and Video Production
With these small business loans for motion picture and video production, the SBA guarantees the lender that the loan will be repaid. This motion picture and video production loan for $200,000 was given to a Pennsylvania entrepreneur in 2002.
Getting a small business loan in Boyertown, Pennsylvania was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Penn Business Credit, Inc, operating out of Philadelphia, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION
BOYERTOWN, PA 19512
SBA Loan Lender
PENN BUSINESS CREDIT, INC
1601 MARKET STREET, SUITE 256
PHILADELPHIA, PA 19103
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
512110 - Motion Picture and Video Production
Loan Approval Date
6/25/2002
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $180,000.
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 8 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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SBA 7A Banks for Philadelphia, Pennsylvania Loans
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