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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Clemente, Business Loans > Pacific Coast National Bank San Clemente Business Loans > Boat Dealers Loan | ||||
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Banks Doing SBA Loans in California
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Entrepreneur Works With San Clemente, California Bank to Get an SBA LoanA San Clemente, California small business loan can be yours. Learn how a company got a $307,500 business loan from this California bank. This loan to a local firm is a good example of an SBA loan. Pacific Coast National Bank made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BOAT DEALERS SBA Loan Lender PACIFIC COAST NATIONAL 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 441222 - Boat Dealers Loan Approval Date 12/31/2007 Loan Approval Gross Amount $307,500 Loan Approval from the SBA Of the total $307,500 loan amount, the SBA guaranteed $230,625. 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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $307,500. How would you spend $307,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 San Clemente, California
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