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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Huntington Beach, Business Loans > Pacific Western Bank Huntington Beach Business Loans > Petroleum And Petroleum Products Merchant Wholesalers Loan | ||||
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SBA 7A Banks for Ontario, California Business Owners
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Raising Money for Petroleum and Petroleum Products Merchant WholesalersWith these business loans for petroleum and petroleum products merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This petroleum and petroleum products merchant wholesalers loan for $490,000 was given to a California entrepreneur in 2004. Getting a small business loan in Ontario, California was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Huntington Beach, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: PETROLEUM AND PETROLEUM PRODUCTS MERCHANT WHOLESALERS SBA Loan Lender PACIFIC WESTERN BANK This lender provides SBA 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 424720 - Petroleum and Petroleum Products Merchant Wholesalers Loan Approval Date 10/6/2004 Loan Approval Gross Amount $490,000 Loan Approval from the SBA Of the total $490,000 loan amount, the SBA guaranteed $367,500. 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 12 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 12 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $490,000 loan. Remember, anyone can do it... so why not you? 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 From a Venture Capitalist SBA 7A Lenders in Huntington Beach, California Find an SBA Lender in California
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