Pomona, California Entrepreneur Gets an SBA Loan

Searching for a California small business loan? This California entrepreneur got a small business loan, provided by a New York bank that works with the SBA to help small business owners.

Getting a small business loan in Pomona, California was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Hsbc Bank Usa. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
POMONA, CA 91766

SBA Loan Lender

HSBC BANK USA
ONE HSBC CTR
BUFFALO, NY 14203

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

611710 - Educational Support Services

Loan Approval Date

7/12/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

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

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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