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November 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > City National Bank Los Angeles Business Loans > Exam Preparation And Tutoring Loan | ||||
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Business Loans for Cupertino Business Owners
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How to Get a Loan for Exam Preparation and TutoringLooking for SBA loans for exam preparation and tutoring? The SBA may be the answer. This $150,000 exam preparation and tutoring loan was issued by a California bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with City National Bank, out of Los Angeles, California. The loan was granted and they received $150,000 to help grow their Cupertino, California business. SBA Loan Borrower COMPANY TYPE: EXAM PREPARATION AND TUTORING SBA Loan Lender CITY NATIONAL BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 611691 - Exam Preparation and Tutoring Loan Approval Date 12/3/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 9 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 11 existing jobs. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Cupertino CA, you ought to talk with a local Cupertino SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cupertino businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like City National Bank 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: Who Lends Money to Small Businesses in Los Angeles, California
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