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April 28, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Walnut Creek, Business Loans > Superior Financial Group, LLC Walnut Creek Business Loans > Personal Services Loan | ||||
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California SBA Banks
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Walnut Creek, California Bank Lends Money to Personal Services Company in Slidell, LouisianaThinking about meeting with a Walnut Creek, California bank about a business loan? Here's one Louisiana business loan, issued by a Walnut Creek bank, that was approved by the SBA. Applying for an SBA loan with Superior Financial Group, LLC worked out well for our friends at one local business in Slidell, Louisiana. The business was able to get an SBA loan for $7,500. Great job! SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender SUPERIOR FINANCIAL GROUP, LLC This lender issued this SBA small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 8/6/2007 Loan Approval Gross Amount $7,500 Loan Approval from the SBA Of the total $7,500 loan amount, the SBA guaranteed $6,375. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $7,500. How would you spend $7,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - How to Borrow Money SBA 7A Lenders in Walnut Creek, California
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