Name Erik Grunwald(contact affiliate)
CompanyUS Bank
Primary Address
, Orange County, CA 92867
(949) 355-5767
Type of Business Banking

Erik Grunwald is the Vice President, SBA Business Development Officer for US Bank in Orange County, California. 

The U.S. Small Business Administration (SBA) plays a critical role in making financing available to small businesses for a wide array of purposes, from starting and growing a business to purchasing commercial real estate.
Funds may be used for a wide range of purposes, including:
•Owner-occupied commercial real estate
•Business expansion or acquisition
•Franchise financing
•Business startup costs
•Financing newly established businesses
•Partner or management buyout
•Inventory purchase
•Equipment, including restaurant equipment and vehicles
•Debt refinance
•Working capital

SBA loans are structured to include lower down payments and longer repayment terms than conventional bank loans, enabling businesses to keep their cash flow for operational expenses and spend less on debt repayment. Other benefits include:
•Up to 90% financing
•Loans up to $11.25 million
•Terms up to 25 years
•Fixed and variable rate options
•No balloon payments
•Most types of for-profit small businesses meet SBA guidelines
•SBA loans originated at U.S. Bank are serviced by U.S. Bank, ensuring personalized service