Commercial Loans for Display Advertising
Looking for commercial loans for display advertising? The SBA may be the answer. This $60,000 display advertising loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in El Paso, Texas was able to borrow $60,000 from United Bank - El Paso Del Norte. The SBA made the loan possible by guaranteeing $30,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: DISPLAY ADVERTISING
EL PASO, TX 79912
SBA Loan Lender
UNITED BANK - EL PASO DEL NORTE
125 MESA HILLS DR
EL PASO, TX 79912
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541850 - Display Advertising
Loan Approval Date
9/11/2007
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $30,000.
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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in El Paso 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:
Financing Your Business
Banks in El Paso, Texas
Getting an SBA Loan in Texas