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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Walnut Creek, Business Loans > First Republic Bank Walnut Creek Business Loans > Semiconductor And Related Device Manufacturing Loan | ||||
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First Republic Bank Business Loans
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SBA Loan from First Republic Bank Helps Semiconductor And Related Device Manufacturing CompanyAn SBA loan from First Republic Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fremont (centerville), California business owner got a $150,000 loan. Getting a small business loan in Fremont (centerville), California was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Republic Bank, operating out of Walnut Creek, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING SBA Loan Lender FIRST REPUBLIC BANK This lender provides SBA loan for small businesses 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 334413 - Semiconductor and Related Device Manufacturing Loan Approval Date 4/4/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First Republic Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: SBA Participating Banks in Walnut Creek, California
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