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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Fullerton, Business Loans > Fullerton Community Bank, Fsb Fullerton Business Loans > Motion Picture And Video Industries Loan | ||||
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Advice for Small Businesses On Getting a Loan
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Get an SBA Loan for Motion Picture and Video IndustriesLooking for bank loans for motion picture and video industries? Talk to a banker who works with the SBA. This $487,900 motion picture and video industries loan was issued by a California bank. This company knew how to go about getting a business bank loan. Based in Irvine, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Fullerton Community Bank, Fsb, based in Fullerton, California. SBA Loan Borrower COMPANY TYPE: MOTION PICTURE AND VIDEO INDUSTRIES SBA Loan Lender FULLERTON COMMUNITY BANK, FSB This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 512199 - Motion Picture and Video Industries Loan Approval Date 8/31/2004 Loan Approval Gross Amount $487,900 Loan Approval from the SBA Of the total $487,900 loan amount, the SBA guaranteed $365,925. More Information on This SBA Loan The borrower borrowed this money for an existing 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 Don't forget. To get an SBA loan, you must 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. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Good Banks for Small Business in Fullerton, California
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