California SBA Loan Issued to Independent Artists, Writers, And Performers Company

Would a California bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this California bank, which offers SBA loans to California entrepreneurs.

Getting a small business loan in North Hollywood, California was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Union Bank Of California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS
NORTH HOLLYWOOD, CA 91801

SBA Loan Lender

UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

711510 - Independent Artists, Writers, and Performers

Loan Approval Date

12/5/2001

Loan Approval Gross Amount

$820,000

Loan Approval from the SBA

Of the total $820,000 loan amount, the SBA guaranteed $615,000.

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 6 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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