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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Los Angeles, Business Loans > Saehan Bank Los Angeles Business Loans > Cosmetics, Beauty Supplies, And Perfume Stores Loan | ||||
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Saehan Bank Loans
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Borrowing Money for Cosmetics, Beauty Supplies, and Perfume StoresLooking for bank loans for cosmetics, beauty supplies, and perfume stores? Try the SBA. This $222,400 cosmetics, beauty supplies, and perfume stores loan was issued by a California bank. Getting a small business loan in Cumming, Georgia was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Saehan Bank, operating out of Los Angeles, California. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES SBA Loan Lender SAEHAN BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446120 - Cosmetics, Beauty Supplies, and Perfume Stores Loan Approval Date 11/13/2006 Loan Approval Gross Amount $222,400 Loan Approval from the SBA Of the total $222,400 loan amount, the SBA guaranteed $166,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Saehan 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: Best Los Angeles, California Banks for Small Business Find an SBA Lender in California
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