Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Banco Bilbao Vizcaya Argentari SBA 7A Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Performing Arts Companies

Looking for business loans for performing arts companies? An SBA loan may be just what you've been looking for. This $25,000 performing arts companies loan was issued by a bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Carolina, was able to borrow $25,000 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $12,500 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: PERFORMING ARTS COMPANIES
CAROLINA, PR 00924

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

This SBA bank 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

711190 - Performing Arts Companies

Loan Approval Date

6/7/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

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

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banco Bilbao Vizcaya Argentari are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Dealing With Venture Capitalists