Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Banks in Irvine, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

Irvine, California Bank Lends Money to Jewelry Stores Company in Folsom, California

Get business loans from an Irvine, 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.

Union Bank Of California is a Irvine, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
FOLSOM, CA 95630

SBA Loan Lender

UNION BANK OF CALIFORNIA
18300 VON KARMAN AVE, STE 500
IRVINE, CA 92612

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 loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

12/10/2001

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

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 3 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Union Bank Of California are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

SBA 7A Lenders in Irvine, California

California SBA 7A Lenders