Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Walnut Creek, California SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Walnut Creek, California Bank to Get an SBA Loan

Get SBA loans from a Walnut Creek, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Superior Financial Group, LLC is a Walnut Creek, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Illinois company.

SBA Loan Borrower

COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE
CHICAGO, IL 60617

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531390 - Activities Related to Real Estate

Loan Approval Date

10/3/2007

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

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. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

504 Loans

Best Walnut Creek, California Banks for Small Business

SBA California Lenders