Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Banks in San Diego, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

San Diego, California Bank Gives SBA Loan to Excavation Contractors Company

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

Applying for an SBA loan with Neighborhood National Bank worked out well for our friends at one local firm in Lakeside, California. The business was able to get an SBA loan for $75,000. Nice!

SBA Loan Borrower

COMPANY TYPE: EXCAVATION CONTRACTORS
LAKESIDE, CA 92040

SBA Loan Lender

NEIGHBORHOOD NATIONAL BANK
3511 NATIONAL AVE
SAN DIEGO, CA 92113

This loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235930 - Excavation Contractors

Loan Approval Date

10/29/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $56,250.

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 11 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Lakeside CA, you ought to talk with a local Lakeside SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lakeside businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Neighborhood National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 - Friends and Family

SBA 7A Banks for San Diego, California Loans

SBA Lenders in California