Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in Clovis, California and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Performing Arts, Sports, and Similar Events Promotion

Looking for loans for performing arts, sports, and similar events promotion? An SBA loan may be just what you've been looking for. This $10,000 performing arts, sports, and similar events promotion loan was issued by a North Carolina bank.

This small firm knew how to go about getting a business bank loan. Based in Clovis, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of America, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: PERFORMING ARTS, SPORTS, AND SIMILAR EVENTS PROMOTION
CLOVIS, CA 93619

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This commercial 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

711320 - Performing Arts, Sports, and Similar Events Promotion

Loan Approval Date

11/8/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

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

If you are working on finding money to start a business in Clovis CA, you ought to talk with a local Clovis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clovis businesses.

We can help you find the best banks for small businesses in Clovis or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Strategic Investors

Best Charlotte, North Carolina Banks for Small Business

SBA Lenders in North Carolina