Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Sacramento, California and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Lawyers

Looking for SBA loans for lawyers? An SBA loan may be just what you've been looking for. This $398,500 lawyers loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Pacific Cap. Bank, out of Santa Barbara, California. The loan was granted and they received $398,500 to help grow their Sacramento, California business.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
SACRAMENTO, CA 95630

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

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

541110 - Lawyers

Loan Approval Date

2/11/2004

Loan Approval Gross Amount

$398,500

Loan Approval from the SBA

Of the total $398,500 loan amount, the SBA guaranteed $298,875.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $398,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Credit Evaluation

SBA Banks in Santa Barbara, California

SBA Participating Banks in California