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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Record Production Loan | ||||
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California Small Business Funding
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Borrowing Money for Record ProductionLooking for small business loans for record production? Talk to a banker who works with the SBA. This $564,400 record production loan was issued by a Delaware bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Fe Springs, California was able to borrow $564,400 from Lehman Brothers Bank, Fsb. The SBA made the loan possible by guaranteeing $423,300 of this California small business loan. SBA Loan Borrower COMPANY TYPE: RECORD PRODUCTION SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 512210 - Record Production Loan Approval Date 9/22/2005 Loan Approval Gross Amount $564,400 Loan Approval from the SBA Of the total $564,400 loan amount, the SBA guaranteed $423,300. 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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Lehman Brothers Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Business Banks in Wilmington, Delaware Getting an SBA Loan in Delaware
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