Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Los Angeles, California Small Businesses

 

 
Loan Census SBA Loan Info

Where to Get Capital for Jewelry, Watch, Precious Stone, and Precious Metal Wholesalers

Looking for small business loans for jewelry, watch, precious stone, and precious metal wholesalers? Talk to a banker who works with the SBA. This $300,000 jewelry, watch, precious stone, and precious metal wholesalers loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $300,000 from Citizens Business Bank. The SBA made the loan possible by guaranteeing $225,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL WHOLESALERS
LOS ANGELES, CA 90013

SBA Loan Lender

CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505

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

421940 - Jewelry, Watch, Precious Stone, and Precious Metal Wholesalers

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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