Commercial Loans for Motion Picture and Video Industries
With these commercial loans for motion picture and video industries, the SBA guarantees the lender that the loan will be repaid. This motion picture and video industries loan for $10,000 was given to a Nebraska entrepreneur in 2007.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Fremont National Bank & Trust, out of Fremont, Nebraska. The loan was granted and they received $10,000 to help grow their Omaha, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO INDUSTRIES
OMAHA, NE 68127
SBA Loan Lender
FREMONT NATIONAL BANK & TRUST
152 E 6TH ST
FREMONT, NE 68025
This lender processed this SBA bank 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
512199 - Motion Picture and Video Industries
Loan Approval Date
7/6/2007
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. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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