SBA Loans for Advertising Agencies

With these SBA loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $143,900 was given to a Virginia entrepreneur in 2007.

Getting a small business loan in Richmond City, Virginia was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First Market Bank, Fsb, operating out of Richmond, Virginia. Here are the details on this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
RICHMOND CITY, VA 23219

SBA Loan Lender

FIRST MARKET BANK, FSB
111 VIRGINIA ST, STE 200
RICHMOND, VA 23219

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

541810 - Advertising Agencies

Loan Approval Date

9/6/2007

Loan Approval Gross Amount

$143,900

Loan Approval from the SBA

Of the total $143,900 loan amount, the SBA guaranteed $71,950.

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 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Richmond City VA, you ought to talk with a local Richmond City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Richmond City businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Market Bank, Fsb and they will explain how you can get an SBA loan for your company.

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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SBA Banks in Richmond, Virginia

Where to Get an SBA Loan Virginia