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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Borrego Springs, Business Loans > Borrego Springs Bank Borrego Springs Business Loans > Physicians Loan | ||||
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California Bank SBA Loans
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Borrego Springs, California Bank Lends Money to Physicians Company in Magalia, CaliforniaWant to talk with a Borrego Springs, California bank about an SBA loan? Here's one California business loan, issued by a Borrego Springs bank, that was approved by the SBA. Applying for an SBA loan with Borrego Springs Bank worked out well for our friends at one local business in Magalia, California. They received an SBA loan for $293,500. Way to go! SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender BORREGO SPRINGS 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 621111 - Physicians Loan Approval Date 3/9/2007 Loan Approval Gross Amount $293,500 Loan Approval from the SBA Of the total $293,500 loan amount, the SBA guaranteed $220,125. 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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Magalia CA, you ought to talk with a local Magalia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Magalia businesses. We can help you find the best banks for small businesses in Magalia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Good Banks for Small Business in Borrego Springs, California
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