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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > City Of Industry, Business Loans > Community Bank City Of Industry Business Loans > Public Relations Services Loan | ||||
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Banks in California
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Where to Get Capital for Public Relations AgenciesLooking for SBA loans for public relations agencies? The SBA may be the answer. This $50,000 public relations agencies loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Carson, California was able to borrow $50,000 from Community Bank. The SBA made the loan possible by guaranteeing $40,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: PUBLIC RELATIONS SERVICES SBA Loan Lender COMMUNITY BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8743 - Public Relations Services NAICS Code 541820 - Public Relations Agencies Loan Approval Date 5/22/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. 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 did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: How Much Venture Capital Is There? SBA 7A Banks for City Of Industry, California Loans Browse All Business Loan Sources for California
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