Borrowing Money for Services Related to Advertising

Looking for loans for services related to advertising? Try the SBA. This $1,000,000 services related to advertising loan was issued by a Minnesota bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chaska, Minnesota was able to borrow $1,000,000 from Community Bank Corporation. The SBA made the loan possible by guaranteeing $750,000 of this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS
CHASKA, MN 55318

SBA Loan Lender

COMMUNITY BANK CORPORATION
706 WALNUT ST NORTH
CHASKA, MN 55318

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5199 - Nondurable Goods

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

4/5/2001

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

Small Business Banks in Chaska, Minnesota

SBA Minnesota Lenders