Entrepreneur Works With Culver City, California Bank to Get an SBA Loan
Find Culver City, California banks that specialize in business loans and know how to work with entrepreneurs. Alliance Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Los Angeles, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Alliance Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: FLOOR COVERING STORES
LOS ANGELES, CA 90064
SBA Loan Lender
ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230
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
442210 - Floor Covering Stores
Loan Approval Date
2/14/2003
Loan Approval Gross Amount
$422,000
Loan Approval from the SBA
Of the total $422,000 loan amount, the SBA guaranteed $316,500.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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 Alliance 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.
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