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

Los Angeles, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Barber Shops

Looking for business loans for barber shops? The SBA may be the answer. This $360,000 barber shops loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Pacific Western Bank, out of Escondido, California. The loan was granted and they received $360,000 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: BARBER SHOPS
LOS ANGELES, CA 90008

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

This lender provides SBA 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

812111 - Barber Shops

Loan Approval Date

11/22/2000

Loan Approval Gross Amount

$360,000

Loan Approval from the SBA

Of the total $360,000 loan amount, the SBA guaranteed $270,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 22 employees. The SBA loan documents indicated that the loan would help retain 22 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Equity Financing

Small Bank Loans in Escondido, California

California SBA Banks