Financing for Motion Picture and Video Distribution
Looking for loans for motion picture and video distribution? An SBA loan may be just what you've been looking for. This $218,000 motion picture and video distribution loan was issued by an Ohio bank.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $218,000 to help grow their Sherman Oaks, California business.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO DISTRIBUTION
SHERMAN OAKS, CA 91403
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
512120 - Motion Picture and Video Distribution
Loan Approval Date
12/14/2001
Loan Approval Gross Amount
$218,000
Loan Approval from the SBA
Of the total $218,000 loan amount, the SBA guaranteed $163,500.
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 25 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 19 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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Banks in Cincinnati, Ohio
Where to Get an SBA Loan Ohio