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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Simi Valley, Business Loans > Union Bank Of California Simi Valley Business Loans > Services Allied To Motion Picture Production Loan | ||||
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Union Bank Of California
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Palmdale, California Business Gets SBA-Guaranteed Funding from Union Bank Of CaliforniaUnion Bank Of California is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans. This growing company knew how to go about getting a business bank loan. Based in Palmdale, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Union Bank Of California, based in Simi Valley, California. SBA Loan Borrower COMPANY TYPE: SERVICES ALLIED TO MOTION PICTURE PRODUCTION SBA Loan Lender UNION BANK OF CALIFORNIA 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. SIC Code 7819 - Services Allied to Motion Picture Production Loan Approval Date 5/11/2000 Loan Approval Gross Amount $154,500 Loan Approval from the SBA Of the total $154,500 loan amount, the SBA guaranteed $115,875. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Simi Valley, California Banks for Small Business
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