Business Loans for Display Advertising
Looking for business loans for display advertising? An SBA loan may be just what you've been looking for. This $80,000 display advertising loan was issued by an Iowa bank.
Getting a small business loan in East Moline, Illinois was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Central State Bank, operating out of Le Claire, Iowa. Here are the details on this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: DISPLAY ADVERTISING
EAST MOLINE, IL 61244
SBA Loan Lender
FIRST CENTRAL STATE BANK
1291 EAGLE RIDGE RD
LE CLAIRE, IA 52753
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541850 - Display Advertising
Loan Approval Date
8/6/2002
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $60,000.
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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Accountant's Role in Securing Financing
SBA 7A Banks in Le Claire, Iowa
Iowa SBA Banks