Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Buena Park Bank Loan

 

 
Loan Census SBA Loan Info

Buena Park, California Lender Lends Money to Mortgage And Nonmortgage Loan Brokers Company

Thinking about meeting with a Buena Park, California bank about a small business loan? Here's one California business loan, issued by a Buena Park bank, that was approved by the SBA.

Applying for an SBA loan with Uniti Bank worked out well for our friends at one local company in Bakersfield, California. They got an SBA loan for $257,000. Great job!

SBA Loan Borrower

COMPANY TYPE: MORTGAGE AND NONMORTGAGE LOAN BROKERS
BAKERSFIELD, CA 93301

SBA Loan Lender

UNITI BANK
6301 BEACH BLVD, STE 100
BUENA PARK, CA 90621

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

522310 - Mortgage and Nonmortgage Loan Brokers

Loan Approval Date

9/26/2005

Loan Approval Gross Amount

$257,000

Loan Approval from the SBA

Of the total $257,000 loan amount, the SBA guaranteed $192,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Bakersfield CA, you ought to talk with a local Bakersfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bakersfield businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Uniti Bank 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:

Attracting Investors

Find an SBA Lender in Buena Park, California

California SBA 7A Lenders