SBA Loan from Union Bank Of California Helps Wholesale Trade Agents And Brokers Company
Union Bank Of California has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Rowland Heights, California, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Union Bank Of California, based in San Francisco, California.
SBA Loan Borrower
COMPANY TYPE: WHOLESALE TRADE AGENTS AND BROKERS
ROWLAND HEIGHTS, CA 91748
SBA Loan Lender
UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
425120 - Wholesale Trade Agents and Brokers
Loan Approval Date
4/7/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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