Loans for Public Relations Agencies

With these loans for public relations agencies, the SBA guarantees the lender that the loan will be repaid. This public relations agencies loan for $670,500 was given to a California entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ventura (corporate Name San Bu, California was able to borrow $670,500 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $502,875 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PUBLIC RELATIONS SERVICES
VENTURA (CORPORATE NAME SAN BU, CA 93001

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8743 - Public Relations Services

NAICS Code

541820 - Public Relations Agencies

Loan Approval Date

3/9/2000

Loan Approval Gross Amount

$670,500

Loan Approval from the SBA

Of the total $670,500 loan amount, the SBA guaranteed $502,875.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Ge Cap. Small Business Finan Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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