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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Monterey, Business Loans > Monterey County Bank Monterey Business Loans > Bus Charter Service Loan | ||||
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Carmel (corporate Name Carmel-, California Bank for SBA Loans
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Charter Bus Industry SBA LoansLooking for SBA loans for charter bus industry? The SBA may be the answer. This $85,000 charter bus industry loan was issued by a California bank. Getting a small business loan in Carmel (corporate Name Carmel-, California was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Monterey County Bank, operating out of Monterey, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: BUS CHARTER SERVICE SBA Loan Lender MONTEREY COUNTY BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4142 - Bus Charter Service NAICS Code 485510 - Charter Bus Industry Loan Approval Date 2/23/2000 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Monterey County Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks for Small Business in Monterey, California
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