Consumer Electronics Repair and Maintenance Business Loans
Looking for business loans for consumer electronics repair and maintenance? An SBA loan may be just what you've been looking for. This $154,400 consumer electronics repair and maintenance loan was issued by a California bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Bank, out of Chula Vista, California. The loan was granted and they received $154,400 to help grow their Chula Vista, California business.
SBA Loan Borrower
COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS
CHULA VISTA, CA 91910
SBA Loan Lender
FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910
When this loan was made, this bank participated in the SBA's Certified Lenders Program (CLP). This program was created to provide fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7532 - Top and Body Repair and Paint Shops
NAICS Code
811211 - Consumer Electronics Repair and Maintenance
Loan Approval Date
9/18/2003
Loan Approval Gross Amount
$154,400
Loan Approval from the SBA
Of the total $154,400 loan amount, the SBA guaranteed $115,800.
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 10 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Chula Vista or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Obtaining Funding - Friends and Family
Small Business Banks in Chula Vista, California
Getting an SBA Loan in California