Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Manhattan Beach, California Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Management Consulting Services

Looking for loans for management consulting services? An SBA loan may be just what you've been looking for. This $150,000 management consulting services loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Manhattan Beach, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was East West Bank, based in Tarzana, California.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
MANHATTAN BEACH, CA 90266

SBA Loan Lender

EAST WEST BANK
18321 VENTURA BLVD
TARZANA, CA 91356

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541618 - Management Consulting Services

Loan Approval Date

12/5/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like East West Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Alternative Financing

SBA Banks in Tarzana, California

SBA California Lenders