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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Santa Margarit, Business Loans > South Cnty Bank Rancho Santa Margarit Business Loans > Engineering Services Loan | ||||
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Rancho Santa Margarit, California SBA 7A Banks
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Rancho Santa Margarit, California Bank Lends Money to Engineering Services Company in Mission Viejo, CaliforniaWant to talk with a Rancho Santa Margarit, California bank about a small business loan? Here's one California business loan, issued by a Rancho Santa Margarit bank, that was approved by the SBA. Applying for an SBA loan with South Cnty Bank worked out well for our friends at one local business in Mission Viejo, California. They received an SBA loan for $400,000. Great job! SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender SOUTH CNTY 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 541330 - Engineering Services Loan Approval Date 9/30/2003 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 14 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Mission Viejo CA, you ought to talk with a local Mission Viejo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mission Viejo businesses. 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 $400,000 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: Best Banks in Rancho Santa Margarit, California Where to Get an SBA Loan California
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