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December 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Francisco, Business Loans > United Commercial Bank San Francisco Business Loans > Electrical Appliance, Television, And Radio Set Wholesalers Loan | ||||
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Los Angeles, California Bank Loan
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Raising Money for Electrical Appliance, Television, and Radio Set WholesalersLooking for business loans for electrical appliance, television, and radio set wholesalers? Try the SBA. This $940,000 electrical appliance, television, and radio set wholesalers loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with United Commercial Bank, out of San Francisco, California. The loan was granted and they received $940,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: ELECTRICAL APPLIANCE, TELEVISION, AND RADIO SET WHOLESALERS SBA Loan Lender UNITED COMMERCIAL 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 421620 - Electrical Appliance, Television, and Radio Set Wholesalers Loan Approval Date 2/16/2001 Loan Approval Gross Amount $940,000 Loan Approval from the SBA Of the total $940,000 loan amount, the SBA guaranteed $705,000. 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 17 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 17 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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 United Commercial Bank 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: Obtaining Funding - Getting Venture Capital Where to Get an SBA Loan in San Francisco, California
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