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December 22, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Los Angeles, Business Loans > Mirae Bank Los Angeles Business Loans > Fish And Seafood Merchant Wholesalers Loan | ||||
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Advice for Business Owners On Getting a Loan
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Financing for Fish and Seafood Merchant WholesalersLooking for commercial loans for fish and seafood merchant wholesalers? The SBA may be the answer. This $300,000 fish and seafood merchant wholesalers loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Mirae Bank, out of Los Angeles, California. The loan was granted and they received $300,000 to help grow their Pheonix, Arizona business. SBA Loan Borrower COMPANY TYPE: FISH AND SEAFOOD MERCHANT WHOLESALERS SBA Loan Lender MIRAE BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424460 - Fish and Seafood Merchant Wholesalers Loan Approval Date 1/2/2008 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 12 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 14 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in Los Angeles, California
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