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

I Need a Loan in Santa Clarita, California

 

 
Loan Census SBA Loan Info

Certified Public Accountants Commercial Loans

Looking for commercial loans for certified public accountants? An SBA loan may be just what you've been looking for. This $280,300 certified public accountants loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Citibank, out of San Francisco, California. The loan was granted and they received $280,300 to help grow their Santa Clarita, California business.

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
SANTA CLARITA, CA 91355

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541211 - Certified Public Accountants

Loan Approval Date

9/19/2002

Loan Approval Gross Amount

$280,300

Loan Approval from the SBA

Of the total $280,300 loan amount, the SBA guaranteed $210,225.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This SBA loan was for $280,300. How would you spend $280,300 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:

Family and Friend Investors - Your First Financiers

Where to Get an SBA Loan in San Francisco, California

California SBA Bank Lenders