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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Industrial And Commercial Machinery And Equipment Loan | ||||
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District of Columbia Bank SBA Loans
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Loans From Old Closed Lenders SBA Loan to Industrial And Commercial Machinery And Equipment CompanyWant a California small business loan? Here's one California business loan that was approved by the SBA. This growing firm needed an SBA business loan in Santa Clara, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Loans From Old Closed Lenders, operating out of Washington, District of Columbia. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT SBA Loan Lender LOANS FROM OLD CLOSED LENDERS 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. SIC Code 3599 - Industrial and Commercial Machinery and Equipment Loan Approval Date 1/18/2000 Loan Approval Gross Amount $1,350,000 Loan Approval from the SBA Of the total $1,350,000 loan amount, the SBA guaranteed $749,992. 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 20 employees. The loan application indicated that the loan would help retain 20 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,350,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Accountant's Role in Securing Financing SBA 7A Lenders in Washington, District of Columbia SBA District of Columbia Lenders
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