San Francisco, California Lender Lends Money to Eating Places Company
Find San Francisco, California banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank - Northern Calif is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in San Francisco, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from First National Bank - Northern Calif. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
SAN FRANCISCO, CA 94116
SBA Loan Lender
FIRST NATIONAL BANK - NORTHERN CALIF
65 POST ST
SAN FRANCISCO, CA 94104
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
4/11/2005
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9917 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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 Decide How Much to Raise
Who Lends Money to Small Businesses in San Francisco, California
California SBA 7A Lenders