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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Buena Park, Business Loans > Uniti Bank Buena Park Business Loans > Paint, Varnish, And Supplies Merchant Wholesalers Loan | ||||
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Banks in Buena Park, California That Make SBA Loans
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Buena Park, California Bank Lends Money to Paint, Varnish, And Supplies Merchant Wholesalers Company in Santa Fe Springs, CaliforniaGet small business loans from a Buena Park, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Uniti Bank is a Buena Park, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company. SBA Loan Borrower COMPANY TYPE: PAINT, VARNISH, AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender UNITI BANK This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424950 - Paint, Varnish, and Supplies Merchant Wholesalers Loan Approval Date 10/9/2003 Loan Approval Gross Amount $308,000 Loan Approval from the SBA Of the total $308,000 loan amount, the SBA guaranteed $231,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $308,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Buena Park, California
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