Get an SBA Loan for Advertising Agencies

With these loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $371,800 was given to a Colorado entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colorado Springs, Colorado was able to borrow $371,800 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $278,850 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
COLORADO SPRINGS, CO 80903

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7311 - Advertising Agencies

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

1/19/2000

Loan Approval Gross Amount

$371,800

Loan Approval from the SBA

Of the total $371,800 loan amount, the SBA guaranteed $278,850.

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 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

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