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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Creve Coeur, Business Loans > First Bank Creve Coeur Business Loans > Fish And Seafood Wholesalers Loan | ||||
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Creve Coeur SBA Lenders
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Entrepreneur Works With Creve Coeur, Missouri Bank to Get an SBA LoanA Creve Coeur, Missouri SBA loan can be yours. Learn how one firm got a $500,000 business loan from this Missouri bank. This loan to a local firm is a good example of an SBA loan. First Bank made the loan and the SBA guaranteed a portion of the loan. Many other California 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: FISH AND SEAFOOD WHOLESALERS SBA Loan Lender FIRST BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422460 - Fish and Seafood Wholesalers Loan Approval Date 7/23/2002 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $450,000. 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 5 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Rosemead CA, you ought to talk with a local Rosemead SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rosemead businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Realistic Debt Financing Options SBA 7A Banks for Creve Coeur, Missouri Loans
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