Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Banks in Walnut Creek, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

Walnut Creek, California Bank Gives SBA Loan to Gift, Novelty, And Souvenir Stores Company

Want to talk with a Walnut Creek, California bank about a business loan? Here's one Maryland 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 business in Capitol Heights, Maryland. They received an SBA loan for $5,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES
CAPITOL HEIGHTS, MD 20743

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Capitol Heights MD, you ought to talk with a local Capitol Heights SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Capitol Heights businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Superior Financial Group, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Alternative Financing

SBA 7A Banks in Walnut Creek, California

SBA California Lenders