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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Danville, Business Loans > Mt. Diablo National Bank A Divisio Danville Business Loans > Furniture Stores Loan | ||||
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Tips for Entrepreneurs On Getting a Loan
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Furniture Stores Small Business LoansLooking for small business loans for furniture stores? Talk to a banker who works with the SBA. This $300,000 furniture stores loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Concord, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Mt. Diablo National Bank A Divisio, based in Danville, California. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender MT. DIABLO NATIONAL BANK A DIVISIO This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442110 - Furniture Stores Loan Approval Date 4/10/2002 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Mt. Diablo National Bank A Divisio and they will explain how you can get an SBA loan for your company. 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: Where to Get an SBA Loan California
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