Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Business Loans for Ontario Small Businesses

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Photographic Equipment and Supplies Wholesalers

Looking for business loans for photographic equipment and supplies wholesalers? Talk to a banker who works with the SBA. This $200,000 photographic equipment and supplies wholesalers loan was issued by a California bank.

Getting a small business loan in Ontario, California was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First Standard Bank, operating out of Los Angeles, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHIC EQUIPMENT AND SUPPLIES WHOLESALERS
ONTARIO, CA 91761

SBA Loan Lender

FIRST STANDARD BANK
1000 WILSHIRE BLVD, STE 100
LOS ANGELES, CA 90017

This lender provides SBA debt financing 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

421410 - Photographic Equipment and Supplies Wholesalers

Loan Approval Date

8/7/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

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.

Related Links:

The Art of Bootstrapping

Best Banks for Small Business in Los Angeles, California

California SBA 7A Lenders