Loan Census Banking News and Information
March 29, 2024  
 
 
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California Small Business Funding

 

 
Loan Census SBA Loan Info

Interior Design Services Bank Loans

With these bank loans for interior design services, the SBA guarantees the lender that the loan will be repaid. This interior design services loan for $940,600 was given to a California entrepreneur in 2005.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Alliance Bank, out of Culver City, California. The loan was granted and they received $940,600 to help grow their Irvine, California business.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
IRVINE, CA 92614

SBA Loan Lender

ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230

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

541410 - Interior Design Services

Loan Approval Date

7/22/2005

Loan Approval Gross Amount

$940,600

Loan Approval from the SBA

Of the total $940,600 loan amount, the SBA guaranteed $705,450.

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. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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