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March 28, 2024  
 
 
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How to Get SBA Loans in Alameda, California

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Drycleaning and Laundry Services

Looking for SBA loans for drycleaning and laundry services? Try the SBA. This $70,000 drycleaning and laundry services loan was issued by a California bank.

Getting a small business loan in Alameda, California was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Bank, operating out of Newport Beach, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
ALAMEDA, CA 94501

SBA Loan Lender

FIRST BANK
4301 MACARTHUR BLVD
NEWPORT BEACH, CA 92660

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

9/21/2001

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

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 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $70,000. How would you spend $70,000 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:

Small Business Credit Cards

SBA 7A Lenders in Newport Beach, California

SBA Lenders in California