Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Best Banks in California

 

 
Loan Census SBA Loan Info

How to Get a Loan for Services Related to Advertising

Looking for commercial loans for services related to advertising? Try the SBA. This $140,000 services related to advertising loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Western Bank Of Wolf Point, out of Wolf Point, Montana. The loan was granted and they received $140,000 to help grow their Marina Del Ray, California business.

SBA Loan Borrower

COMPANY TYPE: SERVICES RELATED TO ADVERTISING
MARINA DEL RAY, CA 90292

SBA Loan Lender

WESTERN BANK OF WOLF POINT
111 3RD AVE SOUTH
WOLF POINT, MT 59201

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541890 - Services Related to Advertising

Loan Approval Date

1/5/2007

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $70,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job.

Next Steps for Getting an SBA Loan

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $140,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Equity Financing

Best Wolf Point, Montana Banks for Small Business

Montana SBA 7A Lenders