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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Riverside, Business Loans > Security Bank Of California Riverside Business Loans > Lawyers Loan | ||||
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California Small Business Funding
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Lawyers Commercial LoansLooking for commercial loans for lawyers? Try the SBA. This $200,000 lawyers loan was issued by a California bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Security Bank Of California, out of Riverside, California. The loan was granted and they received $200,000 to help grow their Laguna Beach, California business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender SECURITY BANK OF CALIFORNIA This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541110 - Lawyers Loan Approval Date 4/25/2007 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. 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 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Security Bank Of California and they will explain how you can get an SBA loan for your company. 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 7A Banks for Riverside, California Loans Getting an SBA Loan in California
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