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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Walnut Creek, Business Loans > Superior Financial Group, LLC Walnut Creek Business Loans > Retail Stores Loan | ||||
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Best Banks for Oakland Businesses
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Borrowing Money for Store RetailersLooking for bank loans for store retailers? Talk to a banker who works with the SBA. This $785,000 store retailers loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Superior Financial Group, LLC, out of Walnut Creek, California. The loan was granted and they received $785,000 to help grow their Oakland, California business. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender SUPERIOR FINANCIAL GROUP, LLC This debt financing was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores NAICS Code 453998 - Store Retailers Loan Approval Date 1/28/2000 Loan Approval Gross Amount $785,000 Loan Approval from the SBA Of the total $785,000 loan amount, the SBA guaranteed $588,750. 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 13 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $785,000 loan. Remember, if it to be, it is up to me! 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: SBA Approved Banks in Walnut Creek, California Find an SBA Lender in California
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