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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > National Bank Of California Los Angeles Business Loans > Drinking Places Loan | ||||
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What Does It Take to Get a Business Loan in Burbank, California?
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Get an SBA Loan for Drinking PlacesLooking for bank loans for drinking places? Talk to a banker who works with the SBA. This $283,000 drinking places loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with National Bank Of California, out of Los Angeles, California. The loan was granted and they received $283,000 to help grow their Burbank, California business. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender NATIONAL BANK OF CALIFORNIA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 1/17/2002 Loan Approval Gross Amount $283,000 Loan Approval from the SBA Of the total $283,000 loan amount, the SBA guaranteed $212,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 $283,000 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: Who Lends Money to Small Businesses in Los Angeles, California
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