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April 19, 2024  
 
 
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Loan Census SBA Loan Info

Bbva Bancomer Usa SBA Loan to Eating Places Company

Want a California small business loan? Here's one California business loan that was approved by the SBA.

This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bbva Bancomer Usa, out of Diamond Bar, California. The loan was granted and they received $26,850 to help grow their San Jacinto, California business.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
SAN JACINTO, CA 92583

SBA Loan Lender

BBVA BANCOMER USA
21700 COPLEY DRIVE
DIAMOND BAR, CA 91765

This loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

7/21/2000

Loan Approval Gross Amount

$26,850

Loan Approval from the SBA

Of the total $26,850 loan amount, the SBA guaranteed $21,480.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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.

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:

The Art of Bootstrapping

Who Lends Money to Small Businesses in Diamond Bar, California

California SBA 7A Banks