Funeral Homes and Funeral Services Commercial Loans
Looking for commercial loans for funeral homes and funeral services? Try the SBA. This $23,000 funeral homes and funeral services loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Long Beach, California was able to borrow $23,000 from Citibank. The SBA made the loan possible by guaranteeing $11,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
LONG BEACH, CA 90805
SBA Loan Lender
CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
812210 - Funeral Homes and Funeral Services
Loan Approval Date
7/5/2005
Loan Approval Gross Amount
$23,000
Loan Approval from the SBA
Of the total $23,000 loan amount, the SBA guaranteed $11,500.
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 loan application indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citibank and they will explain how you can get an SBA loan for your company.
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
Small Business Banks in San Francisco, California
Getting an SBA Loan in California