Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Walnut Creek SBA Lenders

 

 
Loan Census SBA Loan Info

Walnut Creek, California Lender Lends Money to Bed-And-Breakfast Inns Company

Thinking about meeting with a Walnut Creek, California bank about a business loan? Here's one Hawaii business loan, issued by a Walnut Creek bank, that was approved by the SBA.

Applying for an SBA loan with Superior Financial Group, LLC worked out well for our friends at one local firm in Kapaa, Hawaii. The business was able to get an SBA loan for $25,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: BED-AND-BREAKFAST INNS
KAPAA, HI 96740

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721191 - Bed-and-Breakfast Inns

Loan Approval Date

2/14/2008

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Strategic Investors

Best Walnut Creek, California Banks for Small Business

Getting a Business Loan in California