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| Entrepreneur Resources | California Bank & Trust Sacramento Business Loans | ||||
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Miami, Florida Bank for SBA Loans
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Financing for Home Furnishing WholesalersLooking for loans for home furnishing wholesalers? The SBA may be the answer. This $148,000 home furnishing wholesalers loan was issued by a California bank.
Fitness & Health By Cla Inc received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with California Bank & Trust, out of Sacramento, California. The loan was granted and they received $148,000 to help grow their Miami, Florida business. SBA Loan Borrower FITNESS & HEALTH BY CLA INC SBA Loan Lender CALIFORNIA BANK & TRUST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421220 - Home Furnishing Wholesalers Loan Approval Date 4/5/2002 Loan Approval Gross Amount $148,000 Loan Approval from the SBA Of the total $148,000 loan amount, the SBA guaranteed $125,800. More Information on This SBA Loan The borrower, Fitness & Health By Cla Inc, 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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs. This loan was paid in full, and was closed out on 3/6/2006. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Fitness & Health By Cla Inc got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA Participating Banks in Sacramento, California Where to Get an SBA Loan California If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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