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March 29, 2024  
 
 
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SBA Lender Huntington Beach

 

 
Loan Census SBA Loan Info

Huntington Beach, California Bank Gives SBA Loan to Real Estate Appraisers Company

A Huntington Beach, California small business loan can be yours. Learn how one firm got a $74,300 business loan from this California bank.

This loan to a local firm is a good example of an SBA loan. First Bank made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE APPRAISERS
SAN DIMAS, CA 91773

SBA Loan Lender

FIRST BANK
16900 GOLDENWEST ST
HUNTINGTON BEACH, CA 92647

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

531320 - Real Estate Appraisers

Loan Approval Date

6/22/2001

Loan Approval Gross Amount

$74,300

Loan Approval from the SBA

Of the total $74,300 loan amount, the SBA guaranteed $63,155.

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 10 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in San Dimas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 Participating Banks in Huntington Beach, California

Getting an SBA Loan in California