Los Angeles, California Lender Lends Money to Funeral Homes And Funeral Services Company
Thinking about meeting with a Los Angeles, California bank about a business loan? Here's one Texas business loan, issued by a Los Angeles bank, that was approved by the SBA.
Applying for an SBA loan with Nara Bank worked out well for our friends at one local business in Carrollton, Texas. They got an SBA loan for $980,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
Carrollton, TX 75006
SBA Loan Lender
NARA BANK
3731 WILSHIRE BLVD, STE 1000
LOS ANGELES, CA 90010
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812210 - Funeral Homes and Funeral Services
Loan Approval Date
12/7/2006
Loan Approval Gross Amount
$980,000
Loan Approval from the SBA
Of the total $980,000 loan amount, the SBA guaranteed $735,000.
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 no employees. This SBA loan request indicated that the borrowed money would help generate 4 new jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Advice on Getting a Small Business Loan
Small Bank Loans in Los Angeles, California
California SBA 7A Lenders