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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Passenger Car Rental Loan | ||||
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Los Angeles, California Bank Loan
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Passenger Car Rental Small Business LoansWith these small business loans for passenger car rental, the SBA guarantees the lender that the loan will be repaid. This passenger car rental loan for $605,000 was given to a California entrepreneur in 2006. This company knew how to go about getting a business bank loan. Based in Los Angeles, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Center Bank, based in Los Angeles, California. SBA Loan Borrower COMPANY TYPE: PASSENGER CAR RENTAL SBA Loan Lender CENTER BANK This lender provides SBA guaranteed business 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 532111 - Passenger Car Rental Loan Approval Date 11/14/2006 Loan Approval Gross Amount $605,000 Loan Approval from the SBA Of the total $605,000 loan amount, the SBA guaranteed $453,750. 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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Los Angeles, California SBA Participating Banks in California
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