Walnut Creek, California Lender Lends Money to Advertising Company
Thinking about meeting with a Walnut Creek, California bank about a small business loan? Here's one California business loan, issued by a Walnut Creek bank, that was approved by the SBA.
Applying for an SBA loan with First Republic Bank worked out well for our friends at one local company in Walnut Creek, California. The business was able to get an SBA loan for $391,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: ADVERTISING
WALNUT CREEK, CA 94596
SBA Loan Lender
FIRST REPUBLIC BANK
1400 CIVIC DR
WALNUT CREEK, CA 94596
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.
SIC Code
7319 - Advertising
Loan Approval Date
3/3/2000
Loan Approval Gross Amount
$391,000
Loan Approval from the SBA
Of the total $391,000 loan amount, the SBA guaranteed $293,250.
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 8 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Republic Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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