Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Aliso Viejo, California Small Businesses

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Clothing Stores

With these small business loans for clothing stores, the SBA guarantees the lender that the loan will be repaid. This clothing stores loan for $100,000 was given to a California entrepreneur in 2006.

Getting a small business loan in Aliso Viejo, California was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First Business Bank, operating out of La Mesa, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CLOTHING STORES
ALISO VIEJO, CA 92656

SBA Loan Lender

FIRST BUSINESS BANK
7966 LA MESA BLVD
LA MESA, CA 91941

At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

5/11/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

Related Links:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in La Mesa, California

SBA Lenders in California