1st Pacific Bank Of California SBA Loan to Warm Air Heating And Air-Conditioning Equipment And Suppplies Wholesalers Company
An SBA loan from 1st Pacific Bank Of California typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Diego, California business owner got a $317,600 loan.
Getting a small business loan in San Diego, California was an essential business goal for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from 1st Pacific Bank Of California, operating out of San Diego, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: WARM AIR HEATING AND AIR-CONDITIONING EQUIPMENT AND SUPPPLIES WHOLESALERS
SAN DIEGO, CA 92121
SBA Loan Lender
1ST PACIFIC BANK OF CALIFORNIA
9333 GENESEE AVE, STE 300
SAN DIEGO, CA 92121
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
421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers
Loan Approval Date
3/1/2002
Loan Approval Gross Amount
$317,600
Loan Approval from the SBA
Of the total $317,600 loan amount, the SBA guaranteed $238,200.
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 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Strategic Investors
Small Business Banks in San Diego, California
Getting an SBA Loan in California