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

I Need a Business Loan in San Francisco, California

 

 
Loan Census SBA Loan Info

How to Get a Loan for Graphic Design Services

Looking for commercial loans for graphic design services? Talk to a banker who works with the SBA. This $50,000 graphic design services loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in San Francisco, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was California Bank & Trust, based in Sacramento, California.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
SAN FRANCISCO, CA 94103

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in San Francisco CA, you ought to talk with a local San Francisco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Francisco businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, feel the fear, and do it anyway.

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 Sacramento, California Banks for Small Business

SBA California Banks