Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

El Centro, California Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Dance Companies

Looking for business loans for dance companies? Talk to a banker who works with the SBA. This $173,700 dance companies loan was issued by a California bank.

Getting a small business loan in El Centro, California was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rabobank, National Association, operating out of El Centro, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DANCE COMPANIES
EL CENTRO, CA 92243

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1498 MAIN ST
EL CENTRO, CA 92243

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

711120 - Dance Companies

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$173,700

Loan Approval from the SBA

Of the total $173,700 loan amount, the SBA guaranteed $130,275.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Family and Friend Investors - Your First Financiers

Good Banks for Small Business in El Centro, California

Getting an SBA Loan in California