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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Saehan Bank Los Angeles Business Loans > Drinking Places Loan | ||||
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California Small Business Funding
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Where to Get Capital for Drinking PlacesWith these SBA loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $219,000 was given to a California entrepreneur in 2007. This small business knew how to go about getting a business bank loan. Based in La Habra, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Saehan Bank, based in Los Angeles, California. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender SAEHAN BANK 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 722410 - Drinking Places Loan Approval Date 3/6/2007 Loan Approval Gross Amount $219,000 Loan Approval from the SBA Of the total $219,000 loan amount, the SBA guaranteed $164,250. 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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in La Habra or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Find an SBA Lender in Los Angeles, California
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