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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Business To Business Electronic Markets Loan | ||||
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Las Vegas, Nevada SBA Banks
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Las Vegas, Nevada Bank Gives SBA Loan to Business To Business Electronic Markets CompanyThinking about meeting with a Las Vegas, Nevada bank about a small business loan? Here's one California business loan, issued by a Las Vegas bank, that was approved by the SBA. Applying for an SBA loan with Citibank worked out well for our friends at one local company in Berkeley, California. They received an SBA loan for $100,000. Great job! SBA Loan Borrower COMPANY TYPE: BUSINESS TO BUSINESS ELECTRONIC MARKETS SBA Loan Lender CITIBANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 425110 - Business to Business Electronic Markets Loan Approval Date 8/10/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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. The loan application indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, where there is a will, there is a way! 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: SBA Participating Banks in Las Vegas, Nevada
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