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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Insurance Agencies And Brokerages Loan | ||||
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I Need a Loan in Chino Hills, California
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Insurance Agencies and Brokerages Bank LoansLooking for bank loans for insurance agencies and brokerages? Try the SBA. This $1,539,300 insurance agencies and brokerages loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chino Hills, California was able to borrow $1,539,300 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $1,154,475 of this California small business loan. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES 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 524210 - Insurance Agencies and Brokerages Loan Approval Date 7/3/2007 Loan Approval Gross Amount $1,539,300 Loan Approval from the SBA Of the total $1,539,300 loan amount, the SBA guaranteed $1,154,475. 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 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 7A Banks in Temecula, California
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