Small Business Loans for Independent Artists, Writers, and Performers
Looking for small business loans for independent artists, writers, and performers? An SBA loan may be just what you've been looking for. This $202,200 independent artists, writers, and performers loan was issued by a Colorado bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denver, Colorado was able to borrow $202,200 from Public Service Empl Cu. The SBA made the loan possible by guaranteeing $151,650 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS
DENVER, CO 80210
SBA Loan Lender
PUBLIC SERVICE EMPL CU
7055 E EVANS
DENVER, CO 80224
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small 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
711510 - Independent Artists, Writers, and Performers
Loan Approval Date
10/24/2007
Loan Approval Gross Amount
$202,200
Loan Approval from the SBA
Of the total $202,200 loan amount, the SBA guaranteed $151,650.
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 12 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
Don't apply for a loan directly with the SBA. You need to 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.
We can help you find the best banks for small businesses in Denver 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:
Business Cash Advances
SBA 7A Banks in Denver, Colorado
SBA Colorado Banks