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December 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Cafeterias, Grill Buffets, And Buffets Loan | ||||
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Los Angeles, California Bank for SBA Loans
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Cafeterias, Grill Buffets, and Buffets Bank LoansLooking for bank loans for cafeterias, grill buffets, and buffets? Talk to a banker who works with the SBA. This $1,080,000 cafeterias, grill buffets, and buffets loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Center Bank, out of Los Angeles, California. The loan was granted and they received $1,080,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: CAFETERIAS, GRILL BUFFETS, AND BUFFETS SBA Loan Lender CENTER BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722212 - Cafeterias, Grill Buffets, and Buffets Loan Approval Date 5/24/2006 Loan Approval Gross Amount $1,080,000 Loan Approval from the SBA Of the total $1,080,000 loan amount, the SBA guaranteed $810,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 8 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source This SBA loan was for $1,080,000. How would you spend $1,080,000 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: Where to Get an SBA Loan in Los Angeles, California Where to Get an SBA Loan California
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