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May 11, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Agana, Business Loans > Citizens Security Bank (guam) In Agana Business Loans > Television Broadcasting Loan | ||||
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SBA 7A Lenders
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Entrepreneur Works With Agana, Bank to Get an SBA LoanAn Agana, SBA loan can be yours. Learn how one firm got a $130,000 business loan from this bank. This loan to an entrepreneur is a good example of an SBA loan. Citizens Security Bank (guam) In made the loan and the SBA guaranteed a portion of the loan. Many other entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: TELEVISION BROADCASTING SBA Loan Lender CITIZENS SECURITY BANK (GUAM) IN The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 513120 - Television Broadcasting Loan Approval Date 2/27/2001 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. 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 18 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Security Bank (guam) In and they will explain how you can get an SBA loan for your company. 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: Microlending as a Small Business Funding Source
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