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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Santee, Business Loans > Pacific Western Bank Santee Business Loans > Piece Goods, Notions, And Dry Goods Wholesalers Loan | ||||
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Banks Doing SBA Loans in California
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Santee, California Bank Gives SBA Loan to Piece Goods, Notions, And Dry Goods Wholesalers CompanyA Santee, California SBA loan can be yours. Learn how a business got a $186,000 business loan from this California bank. This loan to a local firm is a good example of an SBA loan. Pacific Western Bank made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: PIECE GOODS, NOTIONS, AND DRY GOODS WHOLESALERS SBA Loan Lender PACIFIC WESTERN BANK When this loan was made, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to give rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422310 - Piece Goods, Notions, and Dry Goods Wholesalers Loan Approval Date 11/29/2001 Loan Approval Gross Amount $186,000 Loan Approval from the SBA Of the total $186,000 loan amount, the SBA guaranteed $139,500. 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 3 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you want money for new small business in Santee CA, you ought to talk with a local Santee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santee businesses. 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 $186,000 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: Best Banks for Small Business in Santee, California
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