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May 13, 2024  
 
 
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Loan Census SBA Loan Info

Get an SBA Loan for Motion Picture and Video Distribution

Looking for small business loans for motion picture and video distribution? An SBA loan may be just what you've been looking for. This $35,000 motion picture and video distribution loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Davenport, New York was able to borrow $35,000 from Sovereign Bank. The SBA made the loan possible by guaranteeing $17,500 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE AND VIDEO DISTRIBUTION
DAVENPORT, NY 13750

SBA Loan Lender

SOVEREIGN BANK
2 ALDWYN LN
VILLANOVA, PA 19085

This commercial 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

512120 - Motion Picture and Video Distribution

Loan Approval Date

11/21/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Davenport NY, you ought to talk with a local Davenport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Davenport businesses.

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 $35,000 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:

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SBA 7A Banks in Villanova, Pennsylvania

SBA Participating Banks in Pennsylvania