How to Get a Loan for Motion Picture and Video Industries
Looking for business loans for motion picture and video industries? Talk to a banker who works with the SBA. This $400,000 motion picture and video industries loan was issued by a California bank.
Getting a small business loan in Burbank, California was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Citizens Business Bank, operating out of Burbank, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO INDUSTRIES
BURBANK, CA 91502
SBA Loan Lender
CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
512199 - Motion Picture and Video Industries
Loan Approval Date
7/3/2001
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
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 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs.
Getting an SBA Loan For Your 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $400,000 loan. Remember, anyone can do it... so why not 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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