Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for West Hollywood (br. P.O. Name, California Small Business Owners

 

 
Loan Census SBA Loan Info

West Hollywood (br. P.O. Name, California Entrepreneur Gets a Business Loan

Would a California SBA loan help your business get to the next level? If so, you may want to talk with this Virginia bank, which offers SBA loans to California entrepreneurs.

Getting a small business loan in West Hollywood (br. P.O. Name, California was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS
WEST HOLLYWOOD (BR. P.O. NAME, CA 90046

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

711510 - Independent Artists, Writers, and Performers

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in West Hollywood (br. P.O. Name CA, you ought to talk with a local West Hollywood (br. P.O. Name SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Hollywood (br. P.O. Name businesses.

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 Capital One 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.

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