Entrepreneur Works With Las Vegas, Nevada Bank to Get an SBA Loan
Find Las Vegas, Nevada banks that specialize in small business loans and know how to work with entrepreneurs. Citibank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Thousand Oaks, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Citibank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: PLASTICS MATERIALS AND BASIC FORMS AND SHAPES MERCHANT WHOLESALERS
THOUSAND OAKS, CA 91320
SBA Loan Lender
CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109
The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
424610 - Plastics Materials and Basic Forms and Shapes Merchant Wholesalers
Loan Approval Date
10/18/2006
Loan Approval Gross Amount
$66,000
Loan Approval from the SBA
Of the total $66,000 loan amount, the SBA guaranteed $33,000.
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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Citibank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Small Business Credit Cards
SBA 7A Lenders in Las Vegas, Nevada
Nevada SBA 7A Banks