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April 20, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Bridge Bank San Jose Business Loans > Nonscheduled Chartered Freight Air Transportation Loan | ||||
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Bridge Bank Business Loan Fremont
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SBA Loan from Bridge Bank Helps Nonscheduled Chartered Freight Air Transportation CompanyAn SBA loan from Bridge Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fremont, California business owner got a $550,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fremont, California was able to borrow $550,000 from Bridge Bank. The SBA made the loan possible by guaranteeing $412,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: NONSCHEDULED CHARTERED FREIGHT AIR TRANSPORTATION SBA Loan Lender BRIDGE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 481212 - Nonscheduled Chartered Freight Air Transportation Loan Approval Date 3/21/2002 Loan Approval Gross Amount $550,000 Loan Approval from the SBA Of the total $550,000 loan amount, the SBA guaranteed $412,500. 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 70 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in Fremont or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Participating Banks in San Jose, California
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