Borrowing Money for Limousine Service

Looking for bank loans for limousine service? Talk to a banker who works with the SBA. This $1,545,500 limousine service loan was issued by a California bank.

Getting a small business loan in Westlake Village, California was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Telesis Community Cu, operating out of Chatsworth, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: LIMOUSINE SERVICE
WESTLAKE VILLAGE, CA 91361

SBA Loan Lender

TELESIS COMMUNITY CU
9301 WINNETKA AVE
CHATSWORTH, CA 91311

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

485320 - Limousine Service

Loan Approval Date

9/16/2004

Loan Approval Gross Amount

$1,545,500

Loan Approval from the SBA

Of the total $1,545,500 loan amount, the SBA guaranteed $1,159,125.

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 only one employee. This SBA loan request indicated that the loan would help generate 35 new jobs.

Getting an SBA Loan For Your Business

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Telesis Community Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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SBA 7A Banks for Chatsworth, California Loans

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