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May 3, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Los Angeles, Business Loans > Hanmi Bank Los Angeles Business Loans > Blind And Shade Manufacturing Loan | ||||
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Banks Doing SBA Loans in California
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Los Angeles, California Lender Lends Money to Blind And Shade Manufacturing CompanyThinking about meeting with a Los Angeles, California bank about a small business loan? Here's one Texas business loan, issued by a Los Angeles bank, that was approved by the SBA. Applying for an SBA loan with Hanmi Bank worked out well for our friends at one local business in Carrolton, Texas. They received an SBA loan for $1,241,000. Sweet! SBA Loan Borrower COMPANY TYPE: BLIND AND SHADE MANUFACTURING SBA Loan Lender HANMI BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337920 - Blind and Shade Manufacturing Loan Approval Date 9/20/2006 Loan Approval Gross Amount $1,241,000 Loan Approval from the SBA Of the total $1,241,000 loan amount, the SBA guaranteed $930,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to find business people willing to loan money, 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: The Friends and Family Network Banks in Los Angeles, California
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