Loan Census Banking News and Information
April 29, 2024  
 
 
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Examples of San Jose SBA Loans

 

 
Loan Census SBA Loan Info

Court Reporting and Stenotype Services SBA Loans

Looking for SBA loans for court reporting and stenotype services? The SBA may be the answer. This $228,600 court reporting and stenotype services loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in San Jose, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Greater Bay Bank, based in Palo Alto, California.

SBA Loan Borrower

COMPANY TYPE: COURT REPORTING AND STENOTYPE SERVICES
SAN JOSE, CA 95113

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561492 - Court Reporting and Stenotype Services

Loan Approval Date

8/31/2006

Loan Approval Gross Amount

$228,600

Loan Approval from the SBA

Of the total $228,600 loan amount, the SBA guaranteed $171,450.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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.

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