Financing for Piece Goods, Notions, and Dry Goods Wholesalers
Looking for commercial loans for piece goods, notions, and dry goods wholesalers? Talk to a banker who works with the SBA. This $318,700 piece goods, notions, and dry goods wholesalers loan was issued by a California bank.
Getting a small business loan in Los Angeles, California was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Center Bank, operating out of Los Angeles, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PIECE GOODS, NOTIONS, AND DRY GOODS WHOLESALERS
LOS ANGELES, CA 90015
SBA Loan Lender
CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422310 - Piece Goods, Notions, and Dry Goods Wholesalers
Loan Approval Date
8/30/2002
Loan Approval Gross Amount
$318,700
Loan Approval from the SBA
Of the total $318,700 loan amount, the SBA guaranteed $239,025.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Business Credit Evaluation
Best Los Angeles, California Banks for Small Business
Getting an SBA Loan in California