Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Los Angeles, California

 

 
Loan Census SBA Loan Info

Los Angeles, CA Entrepreneur Gets SBA Loan to Buy Liberty Tax Service Franchise

Borrowing money to buy a Liberty Tax Service franchise? Superior Financial Group, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Los Angeles, California needed money to invest in a Liberty Tax Service franchise back in 2007. Superior Financial Group, LLC issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

LIBERTY TAX SERVICE
LOS ANGELES, CA 90047

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541219 - Accounting Services

Loan Approval Date

2/27/2007

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Liberty Tax Service

Obtaining Funding - Friends and Family

SBA Approved Banks in Walnut Creek, California

SBA California Lenders