Small Business Loans for Teleproduction and Postproduction Services
With these small business loans for teleproduction and postproduction services, the SBA guarantees the lender that the loan will be repaid. This teleproduction and postproduction services loan for $750,800 was given to a New York entrepreneur in 2004.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Banco Popular North America, out of New York City, New York. The loan was granted and they received $750,800 to help grow their New York, New York business.
SBA Loan Borrower
COMPANY TYPE: TELEPRODUCTION AND POSTPRODUCTION SERVICES
NEW YORK, NY 10018
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
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
512191 - Teleproduction and Postproduction Services
Loan Approval Date
5/3/2004
Loan Approval Gross Amount
$750,800
Loan Approval from the SBA
Of the total $750,800 loan amount, the SBA guaranteed $563,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a business in New York NY, you ought to talk with a local New York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New York businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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