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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Escondido, Business Loans > La Jolla Bank, Fsb Escondido Business Loans > Soap And Detergent Manufacturing Loan | ||||
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Business Loan from La Jolla Bank, Fsb
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La Jolla Bank, Fsb SBA Loan to Soap And Detergent Manufacturing CompanyLa Jolla Bank, Fsb 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 La Jolla, California was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from La Jolla Bank, Fsb, operating out of Escondido, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SOAP AND DETERGENT MANUFACTURING SBA Loan Lender LA JOLLA BANK, FSB 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 325611 - Soap and Detergent Manufacturing Loan Approval Date 8/22/2002 Loan Approval Gross Amount $159,700 Loan Approval from the SBA Of the total $159,700 loan amount, the SBA guaranteed $119,775. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in La Jolla CA, you ought to talk with a local La Jolla SBA lender or talk with an out-of-area SBA lender that has previously loaned money to La Jolla businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like La Jolla Bank, Fsb 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: Best Banks in Escondido, California
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