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:
Dealing With Venture Capitalists
SBA Participating Banks in Fremont, California
Getting an SBA Loan in California