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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Far East National Bank Los Angeles Business Loans > Printing And Writing Paper Wholesalers Loan | ||||
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Los Angeles, California Bank for SBA Loans
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Los Angeles, California Bank Lends Money to Printing And Writing Paper Wholesalers Company in North Hollywood, CaliforniaThinking about meeting with a Los Angeles, California bank about a business loan? Here's one California business loan, issued by a Los Angeles bank, that was approved by the SBA. Applying for an SBA loan with Far East National Bank worked out well for our friends at one local company in North Hollywood, California. They got an SBA loan for $866,000. Great job! SBA Loan Borrower COMPANY TYPE: PRINTING AND WRITING PAPER WHOLESALERS SBA Loan Lender FAR EAST NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422110 - Printing and Writing Paper Wholesalers Loan Approval Date 11/6/2001 Loan Approval Gross Amount $866,000 Loan Approval from the SBA Of the total $866,000 loan amount, the SBA guaranteed $649,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in North Hollywood 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: Banking Deregulation's Effects on Entrepreneurship SBA Banks in Los Angeles, California Where to Get an SBA Loan California
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