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November 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Francisco, Business Loans > Union Bank Of California San Francisco Business Loans > Special Needs Transportation Loan | ||||
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Small Business Banks for Las Flores Small Business Owners
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Bank Loans for Special Needs TransportationWith these bank loans for special needs transportation, the SBA guarantees the lender that the loan will be repaid. This special needs transportation loan for $10,000 was given to a California entrepreneur in 2007. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Union Bank Of California, out of San Francisco, California. The loan was granted and they received $10,000 to help grow their Las Flores, California business. SBA Loan Borrower COMPANY TYPE: SPECIAL NEEDS TRANSPORTATION SBA Loan Lender UNION BANK OF CALIFORNIA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 485991 - Special Needs Transportation Loan Approval Date 8/8/2007 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a company in Las Flores CA, you ought to talk with a local Las Flores SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Las Flores businesses. This SBA loan was for $10,000. How would you spend $10,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks in San Francisco, California
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