Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Buena Park Bank Loan

 

 
Loan Census SBA Loan Info

Buena Park, California Bank Lends Money to Car Washes Company in Lake Havasu City, Arizona

Thinking about meeting with a Buena Park, California bank about a business loan? Here's one Arizona business loan, issued by a Buena Park bank, that was approved by the SBA.

Applying for an SBA loan with Uniti Bank worked out well for our friends at one local firm in Lake Havasu City, Arizona. They received an SBA loan for $500,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
LAKE HAVASU CITY, AZ 86403

SBA Loan Lender

UNITI BANK
6301 BEACH BLVD, STE 100
BUENA PARK, CA 90621

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

8/7/2006

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 70 employees. This SBA loan request indicated that the loan would help generate 22 new jobs and retain 70 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $500,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Borrowing Money from Friends and Family

SBA 7A Banks for Buena Park, California Loans

Getting an SBA Loan in California