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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Huntington Beach, Business Loans > First Bank Huntington Beach Business Loans > Office And Store Fixtures, Partitions, Shelving Loan | ||||
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California Bank SBA Loans
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First Bank SBA Loan to Office And Store Fixtures, Partitions, Shelving CompanyLooking to get a California small business loan? Here's one California business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $356,400 from First Bank. The SBA made the loan possible by guaranteeing $267,300 of this California small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE AND STORE FIXTURES, PARTITIONS, SHELVING SBA Loan Lender FIRST BANK 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. SIC Code 2542 - Office and Store Fixtures, Partitions, Shelving Loan Approval Date 5/25/2000 Loan Approval Gross Amount $356,400 Loan Approval from the SBA Of the total $356,400 loan amount, the SBA guaranteed $267,300. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business If you need money to start business in Los Angeles CA, you ought to talk with a local Los Angeles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Angeles businesses. This SBA loan was for $356,400. How would you spend $356,400 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: Best Banks in Huntington Beach, California
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