Bank - Santa Clara A Division SBA Loan to Florists Company

Bank - Santa Clara A Division has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in San Mateo, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Bank - Santa Clara A Division, based in Santa Clara, California.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
SAN MATEO, CA 94403

SBA Loan Lender

BANK - SANTA CLARA A DIVISION
1995 EL CAMINO REAL
SANTA CLARA, CA 95050

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5992 - Florists

NAICS Code

453110 - Florists

Loan Approval Date

7/11/2000

Loan Approval Gross Amount

$785,500

Loan Approval from the SBA

Of the total $785,500 loan amount, the SBA guaranteed $589,125.

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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in San Mateo CA, you ought to talk with a local San Mateo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Mateo businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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