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| Entrepreneur Resources | Wilshire State Bank Los Angeles Business Loans | ||||
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Wilshire State Bank Business Loans Newport News, Virginia
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Newport News, Virginia Business Gets SBA-Guaranteed Funding from Wilshire State BankAn SBA loan from Wilshire State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Newport News, Virginia business owner got a $259,000 loan.
Nara Of Japan received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Wilshire State Bank, out of Los Angeles, California. The loan was granted and they received $259,000 to help grow their Newport News, Virginia business. SBA Loan Borrower Nara of Japan SBA Loan Lender WILSHIRE STATE BANK 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. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/20/2006 Loan Approval Gross Amount $259,000 Loan Approval from the SBA Of the total $259,000 loan amount, the SBA guaranteed $194,250. More Information on This SBA Loan The borrower, Nara Of Japan, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. If Nara Of Japan can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: How Much Venture Capital Is There? Best Banks for Small Business in Los Angeles, California Getting an SBA Loan in 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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