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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Bernardino, Business Loans > Union Bank Of California San Bernardino Business Loans > General Automotive Repair Loan | ||||
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California Bank SBA Loans
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San Bernardino, California Lender Lends Money to General Automotive Repair CompanyA San Bernardino, California small business loan can be yours. Learn how a company got a $184,500 business loan from this California bank. This loan to an entrepreneur is a good example of an SBA loan. Union Bank Of California made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SBA Loan Lender UNION BANK OF CALIFORNIA 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 811111 - General Automotive Repair Loan Approval Date 5/4/2001 Loan Approval Gross Amount $184,500 Loan Approval from the SBA Of the total $184,500 loan amount, the SBA guaranteed $138,375. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. This SBA loan was for $184,500. How would you spend $184,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 7A Lenders in San Bernardino, California
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