Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Borrego Springs Bank Loan

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Borrego Springs, California Bank to Get an SBA Loan

Get SBA loans from a Borrego Springs, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Borrego Springs Bank is a Borrego Springs, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Washington company.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
LYNNWOOD, WA 98037

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

This lender provides SBA debt financing 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

541940 - Veterinary Services

Loan Approval Date

12/10/2002

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help retain 15 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.

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:

Getting a Small Business Loan

Who Lends Money to Small Businesses in Borrego Springs, California

SBA California Banks