Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Ramona, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Recreational Vehicle Dealers

Looking for loans for recreational vehicle dealers? Try the SBA. This $280,000 recreational vehicle dealers loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Ramona, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Business Bank, based in Ramona, California.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
RAMONA, CA 92065

SBA Loan Lender

FIRST BUSINESS BANK
1315 MAIN ST
RAMONA, CA 92065

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441210 - Recreational Vehicle Dealers

Loan Approval Date

5/26/2006

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

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 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $280,000. How would you spend $280,000 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.

Related Links:

Getting a Small Business Loan

Small Business Banks in Ramona, California

California SBA 7A Lenders