Community Bank SBA Loan to Perfumes, Cosmetics And Beauty Products Company
Looking to get a California small business loan? Here's one California business loan that was approved by the SBA.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Community Bank, out of Pasadena, California. The loan was granted and they received $26,000 to help grow their Studio City, California business.
SBA Loan Borrower
COMPANY TYPE: PERFUMES, COSMETICS AND BEAUTY PRODUCTS
STUDIO CITY, CA 91604
SBA Loan Lender
COMMUNITY BANK
790 E COLORADO BLVD
PASADENA, CA 91101
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2844 - Perfumes, Cosmetics and Beauty Products
Loan Approval Date
3/2/2000
Loan Approval Gross Amount
$26,000
Loan Approval from the SBA
Of the total $26,000 loan amount, the SBA guaranteed $20,800.
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. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $26,000. How would you spend $26,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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