Database and Directory Publishers Loans
Looking for loans for database and directory publishers? Talk to a banker who works with the SBA. This $52,000 database and directory publishers loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Daly City, California was able to borrow $52,000 from Far East National Bank. The SBA made the loan possible by guaranteeing $44,200 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTERS, PERIPHERALS, AND SOFTWARE
DALY CITY, CA 94015
SBA Loan Lender
FAR EAST NATIONAL BANK
500 MONTGOMERY ST
SAN FRANCISCO, CA 94111
This lender issued this bank loan under the 7A SBA 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.
SIC Code
5045 - Computers, Peripherals, and Software
NAICS Code
511140 - Database and Directory Publishers
Loan Approval Date
5/30/2001
Loan Approval Gross Amount
$52,000
Loan Approval from the SBA
Of the total $52,000 loan amount, the SBA guaranteed $44,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Far East National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Far East National 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.
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