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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cupertino, Business Loans > Cupertino National Bank A Division Cupertino Business Loans > Commercial Printing Loan | ||||
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Cupertino, California Bank for SBA Loans
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Cupertino, California Bank Gives SBA Loan to Commercial Printing CompanyWant to talk with a Cupertino, California bank about an SBA loan? Here's one California business loan, issued by a Cupertino bank, that was approved by the SBA. Applying for an SBA loan with Cupertino National Bank A Division worked out well for our friends at one local company in San Rafael, California. The business was able to get an SBA loan for $1,245,000. Nice! SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender CUPERTINO NATIONAL BANK A DIVISION 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 323119 - Commercial Printing Loan Approval Date 8/10/2001 Loan Approval Gross Amount $1,245,000 Loan Approval from the SBA Of the total $1,245,000 loan amount, the SBA guaranteed $933,750. 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 24 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 25 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: Best Banks for Small Business in Cupertino, California
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