Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Burbank, California

 

 
Loan Census SBA Loan Info

How to Get a Loan for Sound Recording Industries

Looking for commercial loans for sound recording industries? The SBA may be the answer. This $275,000 sound recording industries loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Burbank, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Citizens Business Bank, based in Burbank, California.

SBA Loan Borrower

COMPANY TYPE: SOUND RECORDING INDUSTRIES
BURBANK, CA 91505

SBA Loan Lender

CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505

This lender provides SBA 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

512290 - Sound Recording Industries

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 30 employees. This SBA loan request indicated that the loan would help retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $275,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Raising VC Money for Social Networking Companies

Best Banks in Burbank, California

Browse All Business Loan Sources for California