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May 8, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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California SBA Banks
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Entrepreneur Works With Temecula, California Bank to Get an SBA LoanFind Temecula, California banks that specialize in small business loans and know how to work with entrepreneurs. Temecula Valley Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in La Vernia (lavernia), Texas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Temecula Valley Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender TEMECULA VALLEY BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. 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 12/20/2007 Loan Approval Gross Amount $130,200 Loan Approval from the SBA Of the total $130,200 loan amount, the SBA guaranteed $110,670. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in Temecula, California
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