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November 15, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Buena Park, Business Loans > Uniti Bank Buena Park Business Loans > Leather Good And Allied Product Manufacturing Loan | ||||
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Banks Doing SBA Loans in California
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Buena Park, California Bank Gives SBA Loan to Leather Good And Allied Product Manufacturing CompanyA Buena Park, California small business loan can be yours. Learn how one firm got a $432,500 business loan from this California bank. This loan to an entrepreneur is a good example of an SBA loan. Uniti Bank made the loan and the SBA guaranteed a portion of the loan. Many other Mississippi entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: LEATHER GOOD AND ALLIED PRODUCT MANUFACTURING SBA Loan Lender UNITI BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 316999 - Leather Good and Allied Product Manufacturing Loan Approval Date 6/10/2004 Loan Approval Gross Amount $432,500 Loan Approval from the SBA Of the total $432,500 loan amount, the SBA guaranteed $324,375. 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 58 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Uniti Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Find an SBA Lender in Buena Park, California
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