Entrepreneur Works With Long Beach, California Bank to Get an SBA Loan
Want to talk with a Long Beach, California bank about an SBA loan? Here's one California business loan, issued by a Long Beach bank, that was approved by the SBA.
Applying for an SBA loan with Internatl City Bank worked out well for our friends at one local company in Fountain Valley (talbert), California. The business was able to get an SBA loan for $345,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
FOUNTAIN VALLEY (TALBERT), CA 92708
SBA Loan Lender
INTERNATL CITY BANK
249 E OCEAN BLVD
LONG BEACH, CA 90802
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
11/15/2006
Loan Approval Gross Amount
$345,000
Loan Approval from the SBA
Of the total $345,000 loan amount, the SBA guaranteed $258,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
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
Find an SBA Lender in Long Beach, California
SBA California Banks