 |
 |
April 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > City Of Industry, Business Loans > American Continental Bank City Of Industry Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
 |
||||
SBA Lender Huntington Beach California
|
||||
 |
Automotive Body, Paint, and Interior Repair and Maintenance Commercial LoansWith these commercial loans for automotive body, paint, and interior repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This automotive body, paint, and interior repair and maintenance loan for $844,000 was given to a California entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntington Beach, California was able to borrow $844,000 from American Continental Bank. The SBA made the loan possible by guaranteeing $633,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender AMERICAN CONTINENTAL BANK 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 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 9/20/2006 Loan Approval Gross Amount $844,000 Loan Approval from the SBA Of the total $844,000 loan amount, the SBA guaranteed $633,000. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Huntington Beach 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: Advice on Getting a Small Business Loan SBA Approved Banks in City Of Industry, California
|
|
||
|
||||
|
|
||||