Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

San Diego, California Bank Loan

 

 
Loan Census SBA Loan Info

U.S. Bank National Association Gives Bank Loan to Operators Of Apartment Buildings Company

Would a California small business loan help your small business to grow and prosper? If so, you may want to talk with this Ohio bank, which offers SBA loans to California entrepreneurs.

You can learn something about getting a small business loan in San Diego, California by studying this loan to a local company, made back in 2000. Banks like U.S. Bank National Association may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: OPERATORS OF APARTMENT BUILDINGS
SAN DIEGO, CA 92111

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

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.

SIC Code

6513 - Operators of Apartment Buildings

NAICS Code

531110 - Lessors of Residential Buildingsv and Dwellings

Loan Approval Date

8/11/2000

Loan Approval Gross Amount

$136,500

Loan Approval from the SBA

Of the total $136,500 loan amount, the SBA guaranteed $69,129.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 26 employees. The loan application indicated that the loan would help retain 26 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $136,500 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.

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