Motion Picture and Video Production Small Business Loans
With these small business loans for motion picture and video production, the SBA guarantees the lender that the loan will be repaid. This motion picture and video production loan for $335,000 was given to a Florida entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tampa, Florida was able to borrow $335,000 from Fifth Third Bank. The SBA made the loan possible by guaranteeing $251,250 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION
Tampa, FL 33609
SBA Loan Lender
FIFTH THIRD BANK
475 ADA DR
ADA, MI 49301
This lender provides SBA bank 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
512110 - Motion Picture and Video Production
Loan Approval Date
9/7/2006
Loan Approval Gross Amount
$335,000
Loan Approval from the SBA
Of the total $335,000 loan amount, the SBA guaranteed $251,250.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My 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:
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SBA Banks in Ada, Michigan
SBA Michigan Banks