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April 19, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Los Angeles, Business Loans > Hana Small Business Lending Inc. Los Angeles Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Chandler, Alaska Bank Loan
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Chandler, Alaska Entrepreneur Gets an SBA LoanAlaskaBusiness loans are available to Alaska business owners through the SBA. In this case, a California bank provides the loan. By giving the right information to Hana Small Business Lending Inc., this Chandler, Alaska business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender HANA SMALL BUSINESS LENDING INC. This lender issued this bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 10/29/2007 Loan Approval Gross Amount $162,500 Loan Approval from the SBA Of the total $162,500 loan amount, the SBA guaranteed $121,875. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Los Angeles, California Where to Get an SBA Loan California
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