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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Riverside, Business Loans > Security Bank Of California Riverside Business Loans > Educational Support Services Loan | ||||
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Good Banks for South Pasadena Small Businesses
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Loans for Educational Support ServicesLooking for loans for educational support services? Talk to a banker who works with the SBA. This $2,000,000 educational support services loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Security Bank Of California, out of Riverside, California. The loan was granted and they received $2,000,000 to help grow their South Pasadena, California business. SBA Loan Borrower COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES SBA Loan Lender SECURITY BANK OF CALIFORNIA 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 611710 - Educational Support Services Loan Approval Date 12/11/2006 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. 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 244 employees. The SBA loan documents indicated that the loan would help generate 16 new jobs and retain 244 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in South Pasadena or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Dealing With Venture Capitalists SBA Approved Banks in Riverside, California
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