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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Furniture Wholesalers Loan | ||||
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Raising Money in Anaheim, California With SBA Loans
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Commercial Loans for Furniture WholesalersLooking for commercial loans for furniture wholesalers? Try the SBA. This $553,500 furniture wholesalers loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anaheim, California was able to borrow $553,500 from Bank Of The West. The SBA made the loan possible by guaranteeing $415,125 of this California small business loan. SBA Loan Borrower COMPANY TYPE: FURNITURE WHOLESALERS SBA Loan Lender BANK OF THE WEST This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421210 - Furniture Wholesalers Loan Approval Date 6/18/2001 Loan Approval Gross Amount $553,500 Loan Approval from the SBA Of the total $553,500 loan amount, the SBA guaranteed $415,125. 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 12 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $553,500. How would you spend $553,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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. Related Links: SBA Banks in Truckee, California
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