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May 1, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Diego, Business Loans > Pacific Western Bank San Diego Business Loans > Computers, Peripherals, And Software Loan | ||||
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San Diego, California Bank for SBA Loans
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San Diego, California Lender Lends Money to Computers, Peripherals, And Software CompanyThinking about meeting with a San Diego, California bank about a business loan? Here's one California business loan, issued by a San Diego bank, that was approved by the SBA. Applying for an SBA loan with Pacific Western Bank worked out well for our friends at one local business in Chula Vista, California. The business was able to get an SBA loan for $150,000. Nice! SBA Loan Borrower COMPANY TYPE: COMPUTERS, PERIPHERALS, AND SOFTWARE SBA Loan Lender PACIFIC WESTERN BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5045 - Computers, Peripherals, and Software NAICS Code 421430 - Computer and Computer Peripheral Equipment and Software Wholesalers Loan Approval Date 1/20/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, where there is a will, there is a way! 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: Best San Diego, California Banks for Small Business
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