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

West Covina, California Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Scenic and Sightseeing Transportation, Land

With these SBA loans for scenic and sightseeing transportation, land, the SBA guarantees the lender that the loan will be repaid. This scenic and sightseeing transportation, land loan for $1,454,500 was given to a California entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in West Covina, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Santa Clara Valley Bank National A, based in Santa Paula, California.

SBA Loan Borrower

COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, LAND
WEST COVINA, CA 91791

SBA Loan Lender

SANTA CLARA VALLEY BANK NATIONAL A
901 E MAIN ST
SANTA PAULA, CA 93060

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

487110 - Scenic and Sightseeing Transportation, Land

Loan Approval Date

6/28/2006

Loan Approval Gross Amount

$1,454,500

Loan Approval from the SBA

Of the total $1,454,500 loan amount, the SBA guaranteed $1,090,875.

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 24 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Santa Clara Valley Bank National A are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Strategic Investors

Banks in Santa Paula, California

California SBA 7A Lenders