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April 23, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Los Angeles, Business Loans > National Bank Of California Los Angeles Business Loans > Tile And Terrazzo Contractors Loan | ||||
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Phoenix SBA Loans from National Bank Of California
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Business Loan from National Bank Of California Given to Tile And Terrazzo Contractors CompanyNational Bank Of California has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them. Getting a small business loan in Phoenix, Arizona was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from National Bank Of California, operating out of Los Angeles, California. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: TILE AND TERRAZZO CONTRACTORS SBA Loan Lender NATIONAL 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 238340 - Tile and Terrazzo Contractors Loan Approval Date 5/8/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into National Bank Of California and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best Banks in Los Angeles, California
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