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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Woodland Hills, Business Loans > Union Bank Of California Woodland Hills Business Loans > Caterers Loan | ||||
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Los Angeles, California Bank Loan
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Business Loans for CaterersLooking for business loans for caterers? An SBA loan may be just what you've been looking for. This $225,000 caterers loan was issued by a California bank. Getting a small business loan in Los Angeles, California was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Union Bank Of California, operating out of Woodland Hills, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender UNION BANK OF CALIFORNIA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 9/28/2001 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Union Bank Of California are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Who Lends Money to Small Businesses in Woodland Hills, California
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