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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rosemead, Business Loans > Pacific Western Bank Rosemead Business Loans > Insurance Agencies And Brokerages Loan | ||||
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SBA Lender Rosemead
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Rosemead, California Bank Gives SBA Loan to Insurance Agencies And Brokerages CompanyThinking about meeting with a Rosemead, California bank about a business loan? Here's one California business loan, issued by a Rosemead bank, that was approved by the SBA. Applying for an SBA loan with Pacific Western Bank worked out well for our friends at one local company in Los Angeles, California. The business was able to get an SBA loan for $251,100. Great job! SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES SBA Loan Lender PACIFIC WESTERN BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 10/3/2003 Loan Approval Gross Amount $251,100 Loan Approval from the SBA Of the total $251,100 loan amount, the SBA guaranteed $188,325. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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: Obtaining Funding - Friends and Family Best Rosemead, California Banks for Small Business
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