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December 22, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Los Angeles, Business Loans > Mirae Bank Los Angeles Business Loans > Drycleaning And Laundry Services Loan | ||||
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Get a Business Loan in Fairbanks, Alaska
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Mirae Bank Gives Bank Loan to Drycleaning And Laundry Services CompanyAlaskaBank loans are available to Alaska firms through the SBA. In this case, a California bank provides the loan. By giving the right information to Mirae Bank, this Fairbanks, Alaska business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender MIRAE BANK 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 812320 - Drycleaning and Laundry Services Loan Approval Date 12/1/2006 Loan Approval Gross Amount $536,000 Loan Approval from the SBA Of the total $536,000 loan amount, the SBA guaranteed $402,000. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. 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. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Determining Proper Capital Structure for a Business SBA Participating Banks in Los Angeles, California
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