Loan Census Banking News and Information
May 3, 2024  
 
 
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Banks Doing SBA Loans in California

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Encino, California Bank to Get an SBA Loan

Thinking about meeting with an Encino, California bank about a business loan? Here's one California business loan, issued by an Encino bank, that was approved by the SBA.

Applying for an SBA loan with First Private Bank & Trust worked out well for our friends at one local business in Culver City, California. They got an SBA loan for $250,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE AND VIDEO PRODUCTION
CULVER CITY, CA 90202

SBA Loan Lender

FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436

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

512110 - Motion Picture and Video Production

Loan Approval Date

4/29/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Culver City CA, you ought to talk with a local Culver City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Culver City businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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