 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Bridge Bank San Jose Business Loans > Machine Shops Loan | ||||
 |
||||
California Bank SBA Loans
|
||||
 |
San Jose, California Lender Lends Money to Machine Shops CompanyWant to talk with a San Jose, California bank about an SBA loan? Here's one California business loan, issued by a San Jose bank, that was approved by the SBA. Applying for an SBA loan with Bridge Bank worked out well for our friends at one local company in San Jose, California. They got an SBA loan for $335,000. Awesome! SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender BRIDGE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 12/24/2002 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $251,250. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bridge Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Good Banks for Small Business in San Jose, California
|
|
||
|
||||
|
|
||||