Motion Picture and Video Industries Commercial Loans

With these commercial loans for motion picture and video industries, the SBA guarantees the lender that the loan will be repaid. This motion picture and video industries loan for $292,500 was given to an Utah entrepreneur in 2002.

Getting a small business loan in Lindon, Utah was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Phoenix, Arizona. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE AND VIDEO INDUSTRIES
LINDON, UT 85042

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

512199 - Motion Picture and Video Industries

Loan Approval Date

4/30/2002

Loan Approval Gross Amount

$292,500

Loan Approval from the SBA

Of the total $292,500 loan amount, the SBA guaranteed $219,375.

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 15 employees. The SBA loan application for the borrower indicated that the loan would help retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Wells Fargo 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.

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