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April 24, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Palo Alto, Business Loans > Greater Bay Bank Palo Alto Business Loans > Veterinary Services Loan | ||||
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Banks Doing SBA Loans in California
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Entrepreneur Works With Palo Alto, California Bank to Get an SBA LoanWant to talk with a Palo Alto, California bank about a small business loan? Here's one Louisiana business loan, issued by a Palo Alto bank, that was approved by the SBA. Applying for an SBA loan with Greater Bay Bank worked out well for our friends at one local company in Metairie, Louisiana. They received an SBA loan for $271,500. Nice! SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES SBA Loan Lender GREATER BAY BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541940 - Veterinary Services Loan Approval Date 11/14/2006 Loan Approval Gross Amount $271,500 Loan Approval from the SBA Of the total $271,500 loan amount, the SBA guaranteed $203,625. 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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $271,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Small Bank Loans in Palo Alto, California
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