Las Vegas, Nevada Lender Lends Money to New Age Media Software Inc

Get SBA loans from a Las Vegas, Nevada bank that knows how to treat small business owners right! If New Age Media Software Inc can get a loan, there's no reason you can't do it too.

Citibank is a Las Vegas, Nevada small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to New Age Media Software Inc a Florida company.

SBA Loan Borrower

NEW AGE MEDIA SOFTWARE INC
777 WEST 41ST ST 2ND FL
MIAMI, FL 33140

SBA Loan Lender

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

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

541830 - Media Buying Agencies

Loan Approval Date

12/27/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower, New Age Media Software Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. New Age Media Software Inc needed a loan. Citibank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Citibank made the loan. The end result was that New Age Media Software Inc was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

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

Related Links:

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If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.