SBA Loan from First Bank Helps Bands, Orchestras, Actors And Entertainment Company
An SBA loan from First Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Rafael, California business owner got a $30,000 loan.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First Bank, out of Creve Coeur, Missouri. The loan was granted and they received $30,000 to help grow their San Rafael, California business.
SBA Loan Borrower
COMPANY TYPE: BANDS, ORCHESTRAS, ACTORS AND ENTERTAINMENT
SAN RAFAEL, CA 94901
SBA Loan Lender
FIRST BANK
11901 OLIVE BLVD
CREVE COEUR, MO 63141
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7929 - Bands, Orchestras, Actors and Entertainment
Loan Approval Date
1/20/2000
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $24,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Business Credit Evaluation
Who Lends Money to Small Businesses in Creve Coeur, Missouri
Missouri SBA Banks