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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Culver City, Business Loans > Alliance Bank Culver City Business Loans > Physicians Loan | ||||
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SBA Lenders That Lend to California Businesses
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Alliance Bank Gives SBA Loan to Physicians CompanySBA loans in California are hard to find these days. We take a look at one California SBA loan, provided by a California bank, that was approved by the SBA. Getting a small business loan in Azusa, California was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Alliance Bank. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender ALLIANCE BANK 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 621111 - Physicians Loan Approval Date 8/15/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Culver City, California
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