Local Business Gets a California SBA Loan
CaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan.
You can learn something about getting a small business loan in Santa Fe Springs, California by studying this loan to a local business, made back in 2003. Banks like Uniti Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: PACKING AND CRATING
SANTA FE SPRINGS, CA 90670
SBA Loan Lender
UNITI BANK
6301 BEACH BLVD, STE 100
BUENA PARK, CA 90621
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
488991 - Packing and Crating
Loan Approval Date
6/30/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Uniti Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Alternative Financing
Banks in Buena Park, California
SBA California Lenders