Agents and Managers for Artists, Athletes, Entertainers, and Public Figures SBA Loans
With these SBA loans for agents and managers for artists, athletes, entertainers, and public figures, the SBA guarantees the lender that the loan will be repaid. This agents and managers for artists, athletes, entertainers, and public figures loan for $724,500 was given to a California entrepreneur in 2004.
This small business knew how to go about getting a business bank loan. Based in Los Angeles, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was U.S. Bank National Association, based in Cincinnati, Ohio.
SBA Loan Borrower
COMPANY TYPE: AGENTS AND MANAGERS FOR ARTISTS, ATHLETES, ENTERTAINERS, AND PUBLIC FIGURES
LOS ANGELES, CA 90026
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA guaranteed business 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
711410 - Agents and Managers for Artists, Athletes, Entertainers, and Public Figures
Loan Approval Date
10/28/2004
Loan Approval Gross Amount
$724,500
Loan Approval from the SBA
Of the total $724,500 loan amount, the SBA guaranteed $543,375.
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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Los Angeles or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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Best Banks for Small Business in Cincinnati, Ohio
Ohio SBA Banks