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November 14, 2024  
 
 
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Raising Money in Glendale, California With SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Travel Agencies

Looking for small business loans for travel agencies? An SBA loan may be just what you've been looking for. This $40,000 travel agencies loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glendale, California was able to borrow $40,000 from Union Bank Of California. The SBA made the loan possible by guaranteeing $20,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TRAVEL AGENCIES
GLENDALE, CA 91203

SBA Loan Lender

UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561510 - Travel Agencies

Loan Approval Date

12/9/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 5 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Union Bank Of California that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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