First National Bank - Northern Calif Gives Business Loan to Furniture Stores Company

Searching for a California business loan? This California entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners.

Getting a small business loan in Corte Madera, California was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Northern Calif. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
CORTE MADERA, CA 94925

SBA Loan Lender

FIRST NATIONAL BANK - NORTHERN CALIF
65 POST ST
SAN FRANCISCO, CA 94104

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$206,800

Loan Approval from the SBA

Of the total $206,800 loan amount, the SBA guaranteed $155,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

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

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This SBA loan was for $206,800. How would you spend $206,800 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.

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