Raising Money for Promoters of Performing Arts, Sports, and Similar Events with Facilities
Looking for bank loans for promoters of performing arts, sports, and similar events with facilities? Try the SBA. This $14,400 promoters of performing arts, sports, and similar events with facilities loan was issued by a Vermont bank.
This company knew how to go about getting a business bank loan. Based in Hanover, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Ledyard National Bank, based in Norwich, Vermont.
SBA Loan Borrower
COMPANY TYPE: PROMOTERS OF PERFORMING ARTS, SPORTS, AND SIMILAR EVENTS WITH FACILITIES
HANOVER, NH 03755
SBA Loan Lender
LEDYARD NATIONAL BANK
320 MAIN ST
NORWICH, VT 05055
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
711310 - Promoters of Performing Arts, Sports, and Similar Events with Facilities
Loan Approval Date
7/20/2006
Loan Approval Gross Amount
$14,400
Loan Approval from the SBA
Of the total $14,400 loan amount, the SBA guaranteed $7,200.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 3 new jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ledyard National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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