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May 3, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Automotive Repair And Maintenance Loan | ||||
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How Do We Get a Business Loan in Central Point, Oregon?
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Automotive Repair and Maintenance Small Business LoansLooking for small business loans for automotive repair and maintenance? An SBA loan may be just what you've been looking for. This $268,500 automotive repair and maintenance loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Central Point, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Temecula Valley Bank, based in Temecula, California. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE REPAIR AND MAINTENANCE SBA Loan Lender TEMECULA VALLEY BANK 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 811198 - Automotive Repair and Maintenance Loan Approval Date 5/18/2005 Loan Approval Gross Amount $268,500 Loan Approval from the SBA Of the total $268,500 loan amount, the SBA guaranteed $201,375. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA Approved Banks in Temecula, California
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