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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Anaheim, Business Loans > Premier Comm. Bank Anaheim Business Loans > Hotels And Motels Loan | ||||
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How to Get an SBA Loan from Premier Comm. Bank
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SBA Loan from Premier Comm. Bank Helps Hotels And Motels CompanyPremier Comm. Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Brawley, California was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Premier Comm. Bank, operating out of Anaheim, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender PREMIER COMM. BANK This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 6/23/2005 Loan Approval Gross Amount $726,500 Loan Approval from the SBA Of the total $726,500 loan amount, the SBA guaranteed $544,875. More Information on This SBA Loan The borrower 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 16 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Brawley CA, you ought to talk with a local Brawley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brawley businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Premier Comm. Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: SBA 7A Banks for Anaheim, California Loans
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