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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Bridge Bank San Jose Business Loans > Motion Picture Theaters Loan | ||||
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Bridge Bank San Jose
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Bridge Bank SBA Loan to Motion Picture Theaters CompanyAn SBA loan from Bridge Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Jose, California business owner got a $700,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Jose, California was able to borrow $700,000 from Bridge Bank. The SBA made the loan possible by guaranteeing $525,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: MOTION PICTURE THEATERS SBA Loan Lender BRIDGE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 512131 - Motion Picture Theaters Loan Approval Date 5/5/2005 Loan Approval Gross Amount $700,000 Loan Approval from the SBA Of the total $700,000 loan amount, the SBA guaranteed $525,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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. Related Links: A Company That Helps Entrepreneurs Best Banks for Small Business in San Jose, California
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