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April 17, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > National Bank Of California Los Angeles Business Loans > Used Car Dealers Loan | ||||
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National Bank Of California Small Business Loan
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Getting an SBA Loan for Used Car DealersWith these commercial loans for used car dealers, the SBA guarantees the lender that the loan will be repaid. This used car dealers loan for $263,000 was given to a California entrepreneur in 2005. Getting a small business loan in Victorville, California was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from National Bank Of California, operating out of Los Angeles, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: USED CAR DEALERS SBA Loan Lender NATIONAL BANK OF CALIFORNIA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441120 - Used Car Dealers Loan Approval Date 6/1/2005 Loan Approval Gross Amount $263,000 Loan Approval from the SBA Of the total $263,000 loan amount, the SBA guaranteed $197,250. 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 2 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! If you want money for new small business in Victorville CA, you ought to talk with a local Victorville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Victorville 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: Borrowing Money from Friends and Family SBA Participating Banks in Los Angeles, California
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