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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Bernardino, Business Loans > Union Bank Of California San Bernardino Business Loans > Lawyers Loan | ||||
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Examples of Valencia SBA Loans
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SBA Loans for LawyersLooking for SBA loans for lawyers? Try the SBA. This $1,069,000 lawyers loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Union Bank Of California, out of San Bernardino, California. The loan was granted and they received $1,069,000 to help grow their Valencia, California business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender UNION BANK OF CALIFORNIA 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 541110 - Lawyers Loan Approval Date 7/22/2002 Loan Approval Gross Amount $1,069,000 Loan Approval from the SBA Of the total $1,069,000 loan amount, the SBA guaranteed $801,750. 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. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan Don't forget. To get an SBA loan, you must 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 SBA loan was for $1,069,000. How would you spend $1,069,000 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: Good Banks for Small Business in San Bernardino, California
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