Walnut Creek, California Bank Lends Money to Specialized Design Services Company in Gonzales, Louisiana
Get SBA loans from a Walnut Creek, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Superior Financial Group, LLC is a Walnut Creek, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Louisiana company.
SBA Loan Borrower
COMPANY TYPE: SPECIALIZED DESIGN SERVICES
GONZALES, LA 70737
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
This lender issued this business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 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
541490 - Specialized Design Services
Loan Approval Date
12/11/2007
Loan Approval Gross Amount
$12,500
Loan Approval from the SBA
Of the total $12,500 loan amount, the SBA guaranteed $10,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
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 Superior Financial Group, LLC 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.
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