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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Nursing And Personal Care Facilities, N.E.C Loan | ||||
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SBA Lenders in California
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Business Loan from Temecula Valley Bank Given to Nursing And Personal Care Facilities, N.E.C CompanyTemecula Valley Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Temecula Valley Bank, out of Temecula, California. The loan was granted and they received $252,500 to help grow their Corning, California business. SBA Loan Borrower COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C SBA Loan Lender TEMECULA VALLEY BANK This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8059 - Nursing and Personal Care Facilities, N.E.C NAICS Code 623311 - Continuing Care Retirement Communities Loan Approval Date 11/21/2002 Loan Approval Gross Amount $252,500 Loan Approval from the SBA Of the total $252,500 loan amount, the SBA guaranteed $189,375. 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 13 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Corning 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: Good Banks for Small Business in Temecula, California
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