Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Fullerton, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Fullerton, California Bank Lends Money to Environmental Consulting Services Company in Moorpark, California

Want to talk with a Fullerton, California bank about an SBA loan? Here's one California business loan, issued by a Fullerton bank, that was approved by the SBA.

Applying for an SBA loan with Fullerton Community Bank, Fsb worked out well for our friends at one local business in Moorpark, California. They got an SBA loan for $922,500. Way to go!

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
MOORPARK, CA 93021

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541620 - Environmental Consulting Services

Loan Approval Date

6/22/2001

Loan Approval Gross Amount

$922,500

Loan Approval from the SBA

Of the total $922,500 loan amount, the SBA guaranteed $691,875.

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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Moorpark CA, you ought to talk with a local Moorpark SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Moorpark 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:

Startup Funding Tip

Banks in Fullerton, California

California SBA Banks