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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Chula Vista, Business Loans > First Bank Chula Vista Business Loans > Insurance Agents And Brokers Loan | ||||
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California Bank SBA Loans
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First Bank SBA Loan to Insurance Agents And Brokers CompanyLooking to get a California SBA loan? Here's one California business loan that was approved by the SBA. This growing firm needed an SBA business loan in Irvine, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First Bank, operating out of Chula Vista, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENTS AND BROKERS SBA Loan Lender FIRST BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6411 - Insurance Agents and Brokers Loan Approval Date 2/10/2000 Loan Approval Gross Amount $347,000 Loan Approval from the SBA Of the total $347,000 loan amount, the SBA guaranteed $260,250. 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 only one employee. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Chula Vista, California
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