Sound Recording Studios Small Business Loans
Looking for small business loans for sound recording studios? Try the SBA. This $10,000 sound recording studios loan was issued by a South Dakota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newberg, Oregon was able to borrow $10,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $5,000 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: SOUND RECORDING STUDIOS
NEWBERG, OR 97132
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
512240 - Sound Recording Studios
Loan Approval Date
7/2/2007
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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. This SBA loan request indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Newberg 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:
The Friends and Family Network
Where to Get an SBA Loan in Sioux Falls, South Dakota
South Dakota SBA 7A Lenders