Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Who Can Get a Business Loan in Paso Robles (corporate Name El, California?

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Women's Clothing Stores

Looking for SBA loans for women's clothing stores? An SBA loan may be just what you've been looking for. This $125,000 women's clothing stores loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Paso Robles (corporate Name El, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Santa Lucia Bank, based in Atascadero, California.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
PASO ROBLES (CORPORATE NAME EL, CA 93446

SBA Loan Lender

SANTA LUCIA BANK
7480 EL CAMINO REAL
ATASCADERO, CA 93422

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Santa Lucia Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Accountant's Role in Securing Financing

Find an SBA Lender in Atascadero, California

SBA Participating Banks in California