Business Loans for Public Relations Agencies

With these business loans for public relations agencies, the SBA guarantees the lender that the loan will be repaid. This public relations agencies loan for $100,000 was given to a Tennessee entrepreneur in 2004.

Getting a small business loan in Knoxville, Tennessee was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Gulf Coast Bank & Trust, operating out of Metairie, Louisiana. Here are the details on this Tennessee small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES
KNOXVILLE, TN 37922

SBA Loan Lender

GULF COAST BANK & TRUST
1825 VETERANS MEMORIAL BLVD
METAIRIE, LA 70005

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8999 - Services

NAICS Code

541820 - Public Relations Agencies

Loan Approval Date

3/31/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

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 4 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Gulf Coast Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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