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May 8, 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 > Office Equipment Loan | ||||
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Raising Money in Pleasanton, California With SBA Loans
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Where to Get Capital for Used Merchandise StoresLooking for small business loans for used merchandise stores? An SBA loan may be just what you've been looking for. This $1,988,000 used merchandise stores loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pleasanton, California was able to borrow $1,988,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $994,656 of this California small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE EQUIPMENT SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This bank loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5044 - Office Equipment NAICS Code 453310 - Used Merchandise Stores Loan Approval Date 5/22/2001 Loan Approval Gross Amount $1,988,000 Loan Approval from the SBA Of the total $1,988,000 loan amount, the SBA guaranteed $994,656. 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 2 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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:
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