Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Mirae Bank SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Furniture Stores

Looking for small business loans for furniture stores? Talk to a banker who works with the SBA. This $1,610,700 furniture stores loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Mirae Bank, out of Los Angeles, California. The loan was granted and they received $1,610,700 to help grow their Valencia, California business.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
VALENCIA, CA 91355

SBA Loan Lender

MIRAE BANK
3255 WILSHIRE BLVD, STE 1100
LOS ANGELES, CA 90010

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/27/2005

Loan Approval Gross Amount

$1,610,700

Loan Approval from the SBA

Of the total $1,610,700 loan amount, the SBA guaranteed $1,208,025.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Valencia 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:

The Friends and Family Network

Where to Get an SBA Loan in Los Angeles, California

California SBA 7A Banks