Entrepreneur Works With Fremont, California Bank to Get an SBA Loan

Thinking about meeting with a Fremont, California bank about a business loan? Here's one California business loan, issued by a Fremont bank, that was approved by the SBA.

Applying for an SBA loan with Fremont Bank worked out well for our friends at one local company in Newark, California. The business was able to get an SBA loan for $180,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
NEWARK, CA 94560

SBA Loan Lender

FREMONT BANK
39150 FREMONT BLVD
FREMONT, CA 94538

This small business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

9/13/2001

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $180,000. How would you spend $180,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA Participating Banks in Fremont, California

Getting an SBA Loan in California