Motion Picture and Video Production Loans

Looking for loans for motion picture and video production? An SBA loan may be just what you've been looking for. This $25,000 motion picture and video production loan was issued by a Florida bank.

Crossroads Productions Inc received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Citibank, out of Miami, Florida. The loan was granted and they received $25,000 to help grow their Los Angeles, California business.

SBA Loan Borrower

CROSSROADS PRODUCTIONS INC
2810 KELTON AVENUE
LOS ANGELES, CA 90064

SBA Loan Lender

CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178

This bank 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

8/22/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower, Crossroads Productions Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs. This loan was paid in full, and was closed out on 9/23/2002.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If Crossroads Productions Inc can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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