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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Redondo Beach, Business Loans > Bay Cities National Bank Redondo Beach Business Loans > Computer Training Loan | ||||
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Bay Cities National Bank Small Business Loan
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Computer Training LoansLooking for loans for computer training? Try the SBA. This $50,000 computer training loan was issued by a California bank. Getting a small business loan in San Pedro, California was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bay Cities National Bank, operating out of Redondo Beach, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER TRAINING SBA Loan Lender BAY CITIES NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611420 - Computer Training Loan Approval Date 9/27/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 3 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in San Pedro 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: SBA Approved Banks in Redondo Beach, California Getting an SBA Loan in California
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