San Jose, California Bank Lends Money to Mortgage And Nonmortgage Loan Brokers Company in San Jose, California
Thinking about meeting with a San Jose, California bank about a business 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. The business was able to get an SBA loan for $377,100. Awesome!
SBA Loan Borrower
COMPANY TYPE: MORTGAGE AND NONMORTGAGE LOAN BROKERS
SAN JOSE, CA 95131
SBA Loan Lender
BRIDGE BANK
55 ALMADEN BLVD
SAN JOSE, CA 95113
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
522310 - Mortgage and Nonmortgage Loan Brokers
Loan Approval Date
12/27/2006
Loan Approval Gross Amount
$377,100
Loan Approval from the SBA
Of the total $377,100 loan amount, the SBA guaranteed $282,825.
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.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in San Jose 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.
Related Links:
Obtaining Funding - How to Borrow Money
Best Banks for Small Business in San Jose, California
California SBA 7A Lenders