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April 27, 2024  
 
 
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SBA Lenders for Los Angeles, California Businesses

 

 
Loan Census SBA Loan Info

Automotive Body, Paint, and Interior Repair and Maintenance Bank Loans

Looking for bank loans for automotive body, paint, and interior repair and maintenance? The SBA may be the answer. This $408,300 automotive body, paint, and interior repair and maintenance loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Beach Business Bank, out of Manhattan Beach, California. The loan was granted and they received $408,300 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
LOS ANGELES, CA 90016

SBA Loan Lender

BEACH BUSINESS BANK
1230 ROSECRANS AVE, STE 100
MANHATTAN BEACH, CA 90266

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

10/3/2006

Loan Approval Gross Amount

$408,300

Loan Approval from the SBA

Of the total $408,300 loan amount, the SBA guaranteed $306,225.

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 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

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

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

This SBA loan was for $408,300. How would you spend $408,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

SBA 7A Banks for Manhattan Beach, California Loans

SBA Participating Banks in California