Commercial Loans for Cable Networks
Looking for commercial loans for cable networks? Talk to a banker who works with the SBA. This $179,000 cable networks loan was issued by a Tennessee bank.
This business knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Regions Bank, based in Memphis, Tennessee.
SBA Loan Borrower
COMPANY TYPE: CABLE NETWORKS
MIAMI, FL 33122
SBA Loan Lender
REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
513210 - Cable Networks
Loan Approval Date
3/8/2002
Loan Approval Gross Amount
$179,000
Loan Approval from the SBA
Of the total $179,000 loan amount, the SBA guaranteed $134,250.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My 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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Small Business Credit Cards
Good Banks for Small Business in Memphis, Tennessee
Where to Get an SBA Loan Tennessee