Business Loans for Translation and Interpretation Services

Looking for business loans for translation and interpretation services? Try the SBA. This $846,000 translation and interpretation services loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First Commerce Bank, out of Encino, California. The loan was granted and they received $846,000 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: TRANSLATION AND INTERPRETATION SERVICES
LOS ANGELES, CA 91303

SBA Loan Lender

FIRST COMMERCE BANK
16861 VENTURA BLVD, STE 100
ENCINO, CA 91436

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

541930 - Translation and Interpretation Services

Loan Approval Date

6/8/2005

Loan Approval Gross Amount

$846,000

Loan Approval from the SBA

Of the total $846,000 loan amount, the SBA guaranteed $634,500.

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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $846,000 loan. Remember, if it to be, it is up to me!

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:

Alternative Financing

SBA Banks in Encino, California

Getting an SBA Loan in California