Getting an SBA Loan for Cable and Program Distribution

Looking for commercial loans for cable and program distribution? Try the SBA. This $700,000 cable and program distribution loan was issued by a Missouri bank.

Getting a small business loan in Doniphan, Missouri was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from People's Community State Bank, operating out of Doniphan, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: CABLE AND OTHER PAY TELEVISION SERVICES
DONIPHAN, MO 63901

SBA Loan Lender

PEOPLE'S COMMUNITY STATE BANK
JCT HWYS 160 & 142
DONIPHAN, MO 63935

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4841 - Cable and Other Pay Television Services

NAICS Code

513220 - Cable and Program Distribution

Loan Approval Date

4/26/2002

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

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 23 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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 $700,000 loan. Remember, where there is a will, there is a way!

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:

Financing Your Business

SBA Participating Banks in Doniphan, Missouri

Getting an SBA Loan in Missouri