Loan Census Banking News and Information
April 29, 2024  
 
 
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California Small Business Funding

 

 
Loan Census SBA Loan Info

How to Get a Loan for Travel Agencies

Looking for business loans for travel agencies? Talk to a banker who works with the SBA. This $933,000 travel agencies loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Costa Mesa, California was able to borrow $933,000 from Vineyard Bank. The SBA made the loan possible by guaranteeing $699,750 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TRAVEL AGENCIES
COSTA MESA, CA 92626

SBA Loan Lender

VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561510 - Travel Agencies

Loan Approval Date

12/1/2005

Loan Approval Gross Amount

$933,000

Loan Approval from the SBA

Of the total $933,000 loan amount, the SBA guaranteed $699,750.

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 retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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