Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Good Banks for El Cajon Business Owners

 

 
Loan Census SBA Loan Info

Radio and Television Broadcasting and Wireless Communications Equipment Loans

Looking for loans for radio and television broadcasting and wireless communications equipment? An SBA loan may be just what you've been looking for. This $150,000 radio and television broadcasting and wireless communications equipment loan was issued by an Utah bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Frontier Bank, Fsb, out of Park City, Utah. The loan was granted and they received $150,000 to help grow their El Cajon, California business.

SBA Loan Borrower

COMPANY TYPE: RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT
EL CAJON, CA 92019

SBA Loan Lender

FRONTIER BANK, FSB
1245 DEER VALLEY DR
PARK CITY, UT 84060

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

334220 - Radio and Television Broadcasting and Wireless Communications Equipment

Loan Approval Date

8/17/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 29 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in El Cajon CA, you ought to talk with a local El Cajon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to El Cajon businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Frontier Bank, Fsb that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How Equity Dilution Works

Best Banks for Small Business in Park City, Utah

Getting an SBA Loan in Utah