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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Henderson, Business Loans > Citizens National Bank Henderson Business Loans > Motion Picture And Video Production Loan | ||||
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We Needed a Small Business Loan in Marshall, Texas and We Got One!
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Motion Picture and Video Production LoansLooking for loans for motion picture and video production? An SBA loan may be just what you've been looking for. This $40,000 motion picture and video production loan was issued by a Texas bank. This small firm knew how to go about getting a business bank loan. Based in Marshall, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Citizens National Bank, based in Henderson, Texas. SBA Loan Borrower COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION SBA Loan Lender CITIZENS NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 512110 - Motion Picture and Video Production Loan Approval Date 7/15/2005 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. 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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are raising money in Marshall TX, you ought to talk with a local Marshall SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marshall businesses. We can help you find the best banks for small businesses in Marshall or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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:
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