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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Santa Margarit, Business Loans > South Cnty Bank Rancho Santa Margarit Business Loans > Specialized Design Services Loan | ||||
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I Need an SBA Loan in Irvine, California
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Financing for Specialized Design ServicesLooking for commercial loans for specialized design services? Try the SBA. This $1,239,562 specialized design services loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Irvine, California was able to borrow $1,239,562 from South Cnty Bank. The SBA made the loan possible by guaranteeing $929,672 of this California small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALIZED DESIGN SERVICES SBA Loan Lender SOUTH CNTY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541490 - Specialized Design Services Loan Approval Date 12/24/2002 Loan Approval Gross Amount $1,239,562 Loan Approval from the SBA Of the total $1,239,562 loan amount, the SBA guaranteed $929,672. 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 13 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. 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. We've showcased information on this loan to let you know that businesses like yours 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in Rancho Santa Margarit, California Where to Get an SBA Loan California
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