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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Burbank, Business Loans > Citizens Business Bank Burbank Business Loans > Optometrists Loan | ||||
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SBA Lender La Canada
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Business Loan from Citizens Business Bank Given to Optometrists CompanyCitizens Business Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Canada, California was able to borrow $128,500 from Citizens Business Bank. The SBA made the loan possible by guaranteeing $109,225 of this California small business loan. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender CITIZENS BUSINESS BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621320 - Optometrists Loan Approval Date 8/1/2001 Loan Approval Gross Amount $128,500 Loan Approval from the SBA Of the total $128,500 loan amount, the SBA guaranteed $109,225. 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. The loan application indicated that the loan would help retain 5 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. We can help you find the best banks for small businesses in La Canada or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Burbank, California
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