Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

California SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Pasadena, California Bank to Get an SBA Loan

Get small business loans from a Pasadena, 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.

Community Bank is a Pasadena, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: WINERIES
TEMECULA, CA 92592

SBA Loan Lender

COMMUNITY BANK
790 E COLORADO BLVD
PASADENA, CA 91101

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

312130 - Wineries

Loan Approval Date

5/6/2005

Loan Approval Gross Amount

$684,000

Loan Approval from the SBA

Of the total $684,000 loan amount, the SBA guaranteed $513,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $684,000. How would you spend $684,000 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.

Related Links:

How Much Venture Capital Is There?

Who Lends Money to Small Businesses in Pasadena, California

California SBA Banks