SBA Loans for Services Related to Advertising
With these SBA loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $553,000 was given to a Texas entrepreneur in 2006.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Compass Bank, out of Birmingham, Alabama. The loan was granted and they received $553,000 to help grow their San Antonio, Texas business.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
SAN ANTONIO, TX 78212
SBA Loan Lender
COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233
This lender provides SBA business 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
2/10/2006
Loan Approval Gross Amount
$553,000
Loan Approval from the SBA
Of the total $553,000 loan amount, the SBA guaranteed $414,750.
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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to borrow money from friends and family, 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:
Raising Venture Capital
Good Banks for Small Business in Birmingham, Alabama
Where to Get an SBA Loan Alabama