Financing for Services Related to Advertising
With these loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $938,000 was given to a Tennessee entrepreneur in 2003.
Getting a small business loan in Pleasant View, Tennessee was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of San Francisco, California. Here are the details on this Tennessee small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
PLEASANT VIEW, TN 37146
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
This lender provides SBA commercial 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
541890 - Services Related to Advertising
Loan Approval Date
10/8/2003
Loan Approval Gross Amount
$938,000
Loan Approval from the SBA
Of the total $938,000 loan amount, the SBA guaranteed $703,500.
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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
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Who Lends Money to Small Businesses in San Francisco, California
Where to Get an SBA Loan California