California Bank & Trust SBA Loan to Lta Distributors, L.L.C. Dba N
California Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
Lta Distributors, L.L.C. Dba N knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was California Bank & Trust, based in Sacramento, California.
SBA Loan Borrower
LTA DISTRIBUTORS, L.L.C. DBA N
5550 NW 35 COURT
MIAMI, FL 33142
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
423130 - Tire and Tube Merchant Wholesalers
Loan Approval Date
3/13/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower, Lta Distributors, L.L.C. Dba N, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Lta Distributors, L.L.C. Dba N walked into California Bank & Trust and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Business Cash Advances
SBA 7A Lenders in Sacramento, California
SBA Lenders in California
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