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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Francisco, Business Loans > Union Bank Of California San Francisco Business Loans > Exam Preparation And Tutoring Loan | ||||
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Union Bank Of California SBA 7A Loans
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Exam Preparation and Tutoring Small Business LoansLooking for small business loans for exam preparation and tutoring? Try the SBA. This $30,000 exam preparation and tutoring loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Menlo Park, California was able to borrow $30,000 from Union Bank Of California. The SBA made the loan possible by guaranteeing $15,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: EXAM PREPARATION AND TUTORING SBA Loan Lender UNION BANK OF CALIFORNIA 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 611691 - Exam Preparation and Tutoring Loan Approval Date 4/8/2005 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 50 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Raising VC Money for Social Networking Companies SBA 7A Banks in San Francisco, California
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