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April 30, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Book Stores Loan | ||||
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Lehman Brothers Bank, Fsb Business Loans Del Mar, California
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Del Mar, California Business Gets SBA-Guaranteed Funding from Lehman Brothers Bank, FsbLehman Brothers Bank, Fsb and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Del Mar, California was able to borrow $608,400 from Lehman Brothers Bank, Fsb. The SBA made the loan possible by guaranteeing $456,300 of this California small business loan. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451211 - Book Stores Loan Approval Date 6/13/2003 Loan Approval Gross Amount $608,400 Loan Approval from the SBA Of the total $608,400 loan amount, the SBA guaranteed $456,300. 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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: Best Wilmington, Delaware Banks for Small Business Getting an SBA Loan in Delaware
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