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March 28, 2024  
 
 
  Business Loan Information  
 

SBA Lender El Cajon California

 

 
Loan Census SBA Loan Info

SBA Loans for Child and Youth Services

With these SBA loans for child and youth services, the SBA guarantees the lender that the loan will be repaid. This child and youth services loan for $934,700 was given to a California entrepreneur in 2004.

Getting a small business loan in El Cajon, California was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Southern Calif, operating out of San Marcos, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD AND YOUTH SERVICES
EL CAJON, CA 92021

SBA Loan Lender

FIRST NATIONAL BANK - SOUTHERN CALIF
1145 SAN MARINO DR
SAN MARCOS, CA 92078

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624110 - Child and Youth Services

Loan Approval Date

7/27/2004

Loan Approval Gross Amount

$934,700

Loan Approval from the SBA

Of the total $934,700 loan amount, the SBA guaranteed $701,025.

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 17 employees. The SBA loan documents indicated that the loan would help retain 17 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

SBA Approved Banks in San Marcos, California

Getting an SBA Loan in California