Loan Census Banking News and Information
November 14, 2024  
 
 
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Cupertino SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Cupertino, California Bank to Get an SBA Loan

Get SBA loans from a Cupertino, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Cupertino National Bank A Division is a Cupertino, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
CAMPBELL, CA 95008

SBA Loan Lender

CUPERTINO NATIONAL BANK A DIVISION
20230 STEVENS CREEK BLVD
CUPERTINO, CA 95014

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

445299 - Specialty Food Stores

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$536,000

Loan Approval from the SBA

Of the total $536,000 loan amount, the SBA guaranteed $402,000.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

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 $536,000 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:

Understanding Dilution

SBA 7A Banks for Cupertino, California Loans

SBA Lenders in California