 |
 |
November 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Santa Ana, Business Loans > American Security Bank Santa Ana Business Loans > Radio And Television Communications Equipment Loan | ||||
 |
||||
California SBA Loans from American Security Bank
|
||||
 |
American Security Bank SBA Loan to Radio And Television Communications Equipment CompanyAn SBA loan from American Security Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Irvine, California business owner got a $400,000 loan. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with American Security Bank, out of Santa Ana, California. The loan was granted and they received $400,000 to help grow their Irvine, California business. SBA Loan Borrower COMPANY TYPE: RADIO AND TELEVISION COMMUNICATIONS EQUIPMENT SBA Loan Lender AMERICAN SECURITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3663 - Radio and Television Communications Equipment NAICS Code 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Loan Approval Date 5/31/2000 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 20 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. American Security Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, American Security Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Role of Business Plan When Raising Money Best Banks for Small Business in Santa Ana, California SBA Participating Banks in California
|
|
||
|
||||
|
|
||||