Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

California SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Escondido, California Bank Lends Money to No Industry Type Specified Company in Temecula, California

Find Escondido, California banks that specialize in SBA loans and know how to work with entrepreneurs. Pacific Western Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Temecula, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Pacific Western Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
TEMECULA, CA 92592

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

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

541710 -

Loan Approval Date

6/26/2002

Loan Approval Gross Amount

$131,900

Loan Approval from the SBA

Of the total $131,900 loan amount, the SBA guaranteed $112,115.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 From a Venture Capitalist

Best Banks for Small Business in Escondido, California

SBA California Banks