Motion Picture and Video Industries Commercial Loans

Looking for commercial loans for motion picture and video industries? An SBA loan may be just what you've been looking for. This $50,000 motion picture and video industries loan was issued by a Nevada bank.

Getting a small business loan in Miami, Florida was important for Gemelli Music Inc back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Citibank, operating out of Las Vegas, Nevada. Here are the details on this Florida small business loan.

SBA Loan Borrower

GEMELLI MUSIC INC
2451 NW 14TH ST
MIAMI, FL 33125

SBA Loan Lender

CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109

This 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

512199 - Other Motion Picture and Video Industries

Loan Approval Date

7/2/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Gemelli Music Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan to Gemelli Music Inc shows that any business with ambition and the right qualifications can get an SBA loan.

About This SBA Loan Information:

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

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