Borrowing Money for Display Advertising

With these bank loans for display advertising, the SBA guarantees the lender that the loan will be repaid. This display advertising loan for $902,440 was given to a Florida entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sarasota, Florida was able to borrow $902,440 from Landmark Bank Of Florida. The SBA made the loan possible by guaranteeing $676,830 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING
SARASOTA, FL 34236

SBA Loan Lender

LANDMARK BANK OF FLORIDA
544 S WASHINGTON BLVD
SARASOTA, FL 34236

This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7319 - Advertising

NAICS Code

541850 - Display Advertising

Loan Approval Date

4/6/2001

Loan Approval Gross Amount

$902,440

Loan Approval from the SBA

Of the total $902,440 loan amount, the SBA guaranteed $676,830.

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 20 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Obtaining Funding - How to Borrow Money

Small Bank Loans in Sarasota, Florida

Getting a Business Loan in Florida