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July 22, 2024  
 
 
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Raising Money in Sherman Oaks, California With SBA Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Motion Picture and Video Production

Looking for bank loans for motion picture and video production? An SBA loan may be just what you've been looking for. This $350,000 motion picture and video production loan was issued by a California bank.

Getting a small business loan in Sherman Oaks, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from National Bank Of California, operating out of Los Angeles, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION
SHERMAN OAKS, CA 91423

SBA Loan Lender

NATIONAL BANK OF CALIFORNIA
145 S FAIRFAX AVE
LOS ANGELES, CA 90036

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

512110 - Motion Picture and Video Production

Loan Approval Date

9/11/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Sherman Oaks CA, you ought to talk with a local Sherman Oaks SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sherman Oaks businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. National Bank Of California had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, National Bank Of California 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:

How to Raise Money

SBA 7A Banks for Los Angeles, California Loans

Where to Get an SBA Loan California