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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Sign Manufacturing Loan | ||||
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Who Lends Money to Palmdale Entrepreneurs
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Company Gets a California Bank LoanLooking to get a California SBA loan? This California entrepreneur got an SBA loan, provided by an Ohio bank that works with the SBA to help small business owners. Getting a small business loan in Palmdale, California was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SIGN MANUFACTURING SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339950 - Sign Manufacturing Loan Approval Date 4/21/2004 Loan Approval Gross Amount $557,900 Loan Approval from the SBA Of the total $557,900 loan amount, the SBA guaranteed $418,425. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Palmdale CA, you ought to talk with a local Palmdale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Palmdale businesses. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: SBA Participating Banks in Ohio
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