Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Hemet, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Fitness and Recreational Sports Centers

Looking for small business loans for fitness and recreational sports centers? Try the SBA. This $1,391,000 fitness and recreational sports centers loan was issued by a California bank.

Getting a small business loan in Hemet, California was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Escondido, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
HEMET, CA 92543

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

This SBA loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/31/2005

Loan Approval Gross Amount

$1,391,000

Loan Approval from the SBA

Of the total $1,391,000 loan amount, the SBA guaranteed $1,043,250.

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 25 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Hemet CA, you ought to talk with a local Hemet SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hemet businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

How Much Venture Capital Is There?

Who Lends Money to Small Businesses in Escondido, California

Getting a Business Loan in California