Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

San Marcos Bank Loan

 

 
Loan Census SBA Loan Info

San Marcos, California Lender Lends Money to Beer, Wine, And Liquor Stores Company

Get business loans from a San Marcos, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First National Bank - Southern Calif is a San Marcos, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
EL CAJON, CA 92014

SBA Loan Lender

FIRST NATIONAL BANK - SOUTHERN CALIF
1145 SAN MARINO DR
SAN MARCOS, CA 92078

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

5/6/2005

Loan Approval Gross Amount

$1,278,500

Loan Approval from the SBA

Of the total $1,278,500 loan amount, the SBA guaranteed $958,875.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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 El Cajon 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:

The Friends and Family Network

Who Lends Money to Small Businesses in San Marcos, California

California SBA 7A Lenders