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April 24, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Los Angeles, Business Loans > Pacific City Bank Los Angeles Business Loans > Drycleaning And Laundry Services Loan | ||||
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I Need Commercial Loans in Las Vegas, Nevada
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Financing for Drycleaning and Laundry ServicesLooking for loans for drycleaning and laundry services? Talk to a banker who works with the SBA. This $97,000 drycleaning and laundry services loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Pacific City Bank, out of Los Angeles, California. The loan was granted and they received $97,000 to help grow their Las Vegas, Nevada business. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender PACIFIC CITY BANK 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 812320 - Drycleaning and Laundry Services Loan Approval Date 10/30/2006 Loan Approval Gross Amount $97,000 Loan Approval from the SBA Of the total $97,000 loan amount, the SBA guaranteed $82,450. 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. This SBA loan request indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $97,000. How would you spend $97,000 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: SBA 7A Lenders in Los Angeles, California
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