Weston, Florida Bank Lends Money to Cineworks Digital Studios, Inc in Miami, Florida

Get small business loans from a Weston, Florida bank that knows how to treat small business owners right! If Cineworks Digital Studios, Inc can get a loan, there's no reason you can't do it too.

Colonial Bank is a Weston, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Cineworks Digital Studios, Inc a Florida company.

SBA Loan Borrower

CINEWORKS DIGITAL STUDIOS, INC
6550 NE 4TH COURT
MIAMI, FL 33138

SBA Loan Lender

COLONIAL BANK
1625 N COMMERCE PKWY
WESTON, FL 33326

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

512110 - Motion Picture and Video Production

Loan Approval Date

11/30/2001

Loan Approval Gross Amount

$520,000

Loan Approval from the SBA

Of the total $520,000 loan amount, the SBA guaranteed $390,000.

More Information on This SBA Loan

The borrower, Cineworks Digital Studios, Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 4/30/2004.

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

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Colonial Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

About This SBA Loan Information:

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

Related Links:

Business Incubators

Good Banks for Small Business in Weston, Florida

Florida SBA Bank Lenders

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