Advertising Agencies Commercial Loans
With these commercial loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $150,000 was given to a Nevada entrepreneur in 2001.
This business knew how to go about getting a business bank loan. Based in Las Vegas, Nevada, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Silver State Bank, based in Henderson, Nevada.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
LAS VEGAS, NV 89103
SBA Loan Lender
SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541810 - Advertising Agencies
Loan Approval Date
3/21/2001
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 54 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 54 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Silver State Bank and they will explain how you can get an SBA loan for your company.
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:
Raising Venture Capital
Banks in Henderson, Nevada
SBA Nevada Banks