San Francisco, California Bank Lends Money to Wholesale Trade Agents And Brokers Company in San Gabriel, California
Find San Francisco, California banks that specialize in SBA loans and know how to work with entrepreneurs. United Commercial Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in San Gabriel, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from United Commercial Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WHOLESALE TRADE AGENTS AND BROKERS
SAN GABRIEL, CA 91776
SBA Loan Lender
UNITED COMMERCIAL BANK
555 MONTGOMERY ST
SAN FRANCISCO, CA 94111
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
4/25/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 68 employees. The SBA loan application for the borrower indicated that the loan would help retain 68 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in San Gabriel or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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