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

SBA Lenders for Riverside, California Businesses

 

 
Loan Census SBA Loan Info

Financing for Physicians

Looking for commercial loans for physicians? Talk to a banker who works with the SBA. This $813,000 physicians loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Riverside, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mission Oaks National Bank, based in Temecula, California.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
RIVERSIDE, CA 92503

SBA Loan Lender

MISSION OAKS NATIONAL BANK
41530 ENTERPRISE CIR, STE 100
TEMECULA, CA 92590

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

4/5/2007

Loan Approval Gross Amount

$813,000

Loan Approval from the SBA

Of the total $813,000 loan amount, the SBA guaranteed $609,750.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $813,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Direct Public Offerings

Where to Get an SBA Loan in Temecula, California

California SBA Banks