Ragley, Louisiana Business Gets SBA-Guaranteed Funding from Superior Financial Group, LLC
An SBA loan from Superior Financial Group, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Ragley, Louisiana business owner got a $5,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ragley, Louisiana was able to borrow $5,000 from Superior Financial Group, LLC. The SBA made the loan possible by guaranteeing $4,250 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: UPHOLSTERED HOUSEHOLD FURNITURE MANUFACTURING
RAGLEY, LA 70657
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
337121 - Upholstered Household Furniture Manufacturing
Loan Approval Date
7/9/2007
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Superior Financial Group, LLC 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:
Obtaining Funding - How to Borrow Money
Where to Get an SBA Loan in Walnut Creek, California
SBA Lenders in California