Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Glendale, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Glendale, California Bank Lends Money to No Industry Type Specified Company in Santa Ana, California

Want to talk with a Glendale, California bank about a small business loan? Here's one California business loan, issued by a Glendale bank, that was approved by the SBA.

Applying for an SBA loan with World Trade Finance, Inc. worked out well for our friends at one local company in Santa Ana, California. They received an SBA loan for $400,000. Great job!

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
SANTA ANA, CA 92704

SBA Loan Lender

WORLD TRADE FINANCE, INC.
515 N CENTRAL AVE, SUITE B
GLENDALE, CA 91203

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

339111 -

Loan Approval Date

10/15/2003

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $360,000.

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 14 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Advice on Getting a Small Business Loan

Best Glendale, California Banks for Small Business

California SBA Bank Lenders