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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Culver City, Business Loans > Alliance Bank Culver City Business Loans > Nondurable Goods Merchant Wholesalers Loan | ||||
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Alliance Bank Business Loans
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Get an SBA Loan for Nondurable Goods Merchant WholesalersLooking for loans for nondurable goods merchant wholesalers? Try the SBA. This $540,000 nondurable goods merchant wholesalers loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Montebello, California was able to borrow $540,000 from Alliance Bank. The SBA made the loan possible by guaranteeing $405,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS MERCHANT WHOLESALERS SBA Loan Lender ALLIANCE 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 424990 - Nondurable Goods Merchant Wholesalers Loan Approval Date 7/16/2007 Loan Approval Gross Amount $540,000 Loan Approval from the SBA Of the total $540,000 loan amount, the SBA guaranteed $405,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Dealing With Venture Capitalists Where to Get an SBA Loan in Culver City, California
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