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March 28, 2024  
 
 
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California Small Business Loans from City National Bank

 

 
Loan Census SBA Loan Info

SBA Loan from City National Bank Helps Women's And Girls' Cut And Sew Blouse And Shirt Manufacturing Company

City National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Oakland, California was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from City National Bank, operating out of Oakland, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW BLOUSE AND SHIRT MANUFACTURING
OAKLAND, CA 94621

SBA Loan Lender

CITY NATIONAL BANK
2101 WEBSTER ST
OAKLAND, CA 94612

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.

NAICS Code

315232 - Women's and Girls' Cut and Sew Blouse and Shirt Manufacturing

Loan Approval Date

11/7/2000

Loan Approval Gross Amount

$360,000

Loan Approval from the SBA

Of the total $360,000 loan amount, the SBA guaranteed $270,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

Related Links:

The Friends and Family Network

SBA 7A Banks for Oakland, California Loans

Getting an SBA Loan in California