Entrepreneur Works With Walnut Creek, California Bank to Get an SBA Loan
Thinking about meeting with a Walnut Creek, California bank about a business loan? Here's one Georgia business loan, issued by a Walnut Creek bank, that was approved by the SBA.
Applying for an SBA loan with Superior Financial Group, LLC worked out well for our friends at one local firm in Atlanta, Georgia. The business was able to get an SBA loan for $7,500. Nice!
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
ATLANTA, GA 30328
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561499 - Business Support Services
Loan Approval Date
7/24/2007
Loan Approval Gross Amount
$7,500
Loan Approval from the SBA
Of the total $7,500 loan amount, the SBA guaranteed $6,375.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This SBA loan was for $7,500. How would you spend $7,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Startup Funding Tip
Where to Get an SBA Loan in Walnut Creek, California
SBA Lenders in California