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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Bridge Bank San Jose Business Loans > Semiconductor And Related Device Manufacturing Loan | ||||
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Raising Money in Fremont (centerville), California With SBA Loans
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Semiconductor and Related Device Manufacturing Small Business LoansWith these small business loans for semiconductor and related device manufacturing, the SBA guarantees the lender that the loan will be repaid. This semiconductor and related device manufacturing loan for $663,000 was given to a California entrepreneur in 2006. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bridge Bank, out of San Jose, California. The loan was granted and they received $663,000 to help grow their Fremont (centerville), California business. SBA Loan Borrower COMPANY TYPE: SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING SBA Loan Lender BRIDGE BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334413 - Semiconductor and Related Device Manufacturing Loan Approval Date 9/22/2006 Loan Approval Gross Amount $663,000 Loan Approval from the SBA Of the total $663,000 loan amount, the SBA guaranteed $497,250. 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 24 employees. The SBA loan documents indicated that the loan would help retain 24 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Find an SBA Lender in San Jose, California
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