Financing for Motion Picture and Video Production
Looking for commercial loans for motion picture and video production? Try the SBA. This $50,000 motion picture and video production loan was issued by a Virginia bank.
This business knew how to go about getting a business bank loan. Based in Wormleysburg, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Capital One Bank (usa), based in Glen Allen, Virginia.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION
WORMLEYSBURG, PA 17043
SBA Loan Lender
CAPITAL ONE BANK (USA)
4851 COX RD
GLEN ALLEN, VA 23060
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
512110 - Motion Picture and Video Production
Loan Approval Date
7/31/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 loan application indicated that the loan would help retain 7 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 Capital One Bank (usa) 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:
Determining Proper Capital Structure for a Business
SBA 7A Banks in Glen Allen, Virginia
SBA Participating Banks in Virginia