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April 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > La Mesa, Business Loans > Borrego Springs Bank La Mesa Business Loans > Shoe Stores Loan | ||||
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Banks Doing SBA Loans in California
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La Mesa, California Bank Gives SBA Loan to Shoe Stores CompanyGet SBA loans from a La Mesa, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Borrego Springs Bank is a La Mesa, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company. SBA Loan Borrower COMPANY TYPE: SHOE STORES SBA Loan Lender BORREGO SPRINGS BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5661 - Shoe Stores NAICS Code 448210 - Shoe Stores Loan Approval Date 2/20/2004 Loan Approval Gross Amount $196,500 Loan Approval from the SBA Of the total $196,500 loan amount, the SBA guaranteed $147,375. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 - Getting Venture Capital Find an SBA Lender in California
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