 |
 |
April 28, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Creve Coeur, Business Loans > First Bank Creve Coeur Business Loans > Insurance Agencies And Brokerages Loan | ||||
 |
||||
First Bank SBA Loans
|
||||
 |
Financing for Insurance Agencies and BrokeragesWith these commercial loans for insurance agencies and brokerages, the SBA guarantees the lender that the loan will be repaid. This insurance agencies and brokerages loan for $26,700 was given to a California entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Diego, California was able to borrow $26,700 from First Bank. The SBA made the loan possible by guaranteeing $13,350 of this California small business loan. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES SBA Loan Lender FIRST BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 524210 - Insurance Agencies and Brokerages Loan Approval Date 6/14/2007 Loan Approval Gross Amount $26,700 Loan Approval from the SBA Of the total $26,700 loan amount, the SBA guaranteed $13,350. 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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money While you may be able to borrow money from friends and family, 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: Banks in Creve Coeur, Missouri
|
|
||
|
||||
|
|
||||