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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Bernardino, Business Loans > Union Bank Of California San Bernardino Business Loans > Furniture Wholesalers Loan | ||||
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San Bernardino, California Bank for SBA Loans
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San Bernardino, California Bank Gives SBA Loan to Furniture Wholesalers CompanyA San Bernardino, California business loan can be yours. Learn how one firm got a $1,642,500 business loan from this California bank. This loan to an entrepreneur is a good example of an SBA loan. Union Bank Of California made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FURNITURE WHOLESALERS SBA Loan Lender UNION BANK OF CALIFORNIA 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. NAICS Code 421210 - Furniture Wholesalers Loan Approval Date 9/19/2003 Loan Approval Gross Amount $1,642,500 Loan Approval from the SBA Of the total $1,642,500 loan amount, the SBA guaranteed $999,986. 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 50 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 50 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Realistic Debt Financing Options Small Business Banks in San Bernardino, California SBA Participating Banks in California
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