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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > City National Bank Los Angeles Business Loans > Teleproduction And Postproduction Services Loan | ||||
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City National Bank Loans
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How to Get a Loan for Teleproduction and Postproduction ServicesLooking for commercial loans for teleproduction and postproduction services? An SBA loan may be just what you've been looking for. This $1,000,000 teleproduction and postproduction services loan was issued by a California bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with City National Bank, out of Los Angeles, California. The loan was granted and they received $1,000,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: TELEPRODUCTION AND POSTPRODUCTION SERVICES SBA Loan Lender CITY NATIONAL BANK This lender provides SBA debt financing 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 512191 - Teleproduction and Postproduction Services Loan Approval Date 9/28/2006 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. City National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, City National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding From a Venture Capitalist Good Banks for Small Business in Los Angeles, California Find an SBA Lender in California
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