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November 22, 2024  
 
 
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Banks Doing SBA Loans in California

 

 
Loan Census SBA Loan Info

Walnut Creek, California Bank Gives SBA Loan to Performing Arts, Sports, And Similar Events Promotion Company

A Walnut Creek, California small business loan can be yours. Learn how a company got a $5,000 business loan from this California bank.

This loan to an entrepreneur is a good example of an SBA loan. Superior Financial Group, LLC made the loan and the SBA guaranteed a portion of the loan. Many other Hawaii entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: PERFORMING ARTS, SPORTS, AND SIMILAR EVENTS PROMOTION
KEKAHA, HI 96752

SBA Loan Lender

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

This lender issued this loan under the 7A SBA 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

711320 - Performing Arts, Sports, and Similar Events Promotion

Loan Approval Date

6/13/2007

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

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Good Banks for Small Business in Walnut Creek, California

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