Financing for Teleproduction and Postproduction Services
Looking for loans for teleproduction and postproduction services? The SBA may be the answer. This $127,700 teleproduction and postproduction services loan was issued by a South Dakota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Poway, California was able to borrow $127,700 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $108,545 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: TELEPRODUCTION AND POSTPRODUCTION SERVICES
Poway, CA 92064
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
512191 - Teleproduction and Postproduction Services
Loan Approval Date
11/6/2007
Loan Approval Gross Amount
$127,700
Loan Approval from the SBA
Of the total $127,700 loan amount, the SBA guaranteed $108,545.
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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
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:
Bank Credit Lines
Good Banks for Small Business in Sioux Falls, South Dakota
SBA South Dakota Banks