Raising Money for Investment Advice
Looking for bank loans for investment advice? An SBA loan may be just what you've been looking for. This $400,000 investment advice loan was issued by a California bank.
Getting a small business loan in Fresno, California was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Fresno First Bank, operating out of Fresno, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: INVESTMENT ADVICE
FRESNO, CA 93704
SBA Loan Lender
FRESNO FIRST BANK
7690 N PALM AVE, STE 101
FRESNO, CA 93711
This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.
NAICS Code
523930 - Investment Advice
Loan Approval Date
5/10/2006
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $200,000.
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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Small Business Credit Cards
Best Banks for Small Business in Fresno, California
Find an SBA Lender in California