Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

First Republic Bank SBA Loan

 

 
Loan Census SBA Loan Info

Business Loan from First Republic Bank Given to Publishers Company

An SBA loan from First Republic Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Los Gatos, California business owner got a $100,000 loan.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Republic Bank, out of Las Vegas, Nevada. The loan was granted and they received $100,000 to help grow their Los Gatos, California business.

SBA Loan Borrower

COMPANY TYPE: PUBLISHERS
Los Gatos, CA 95032

SBA Loan Lender

FIRST REPUBLIC BANK
8310 W SAHARA AVE
LAS VEGAS, NV 89117

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

511199 - Publishers

Loan Approval Date

5/4/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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