Pharmacies and Drug Stores Small Business Loans

Looking for small business loans for pharmacies and drug stores? Talk to a banker who works with the SBA. This $542,000 pharmacies and drug stores loan was issued by a California bank.

Getting a small business loan in Sun City, California was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Mission Oaks National Bank, operating out of Temecula, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
SUN CITY, CA 92586

SBA Loan Lender

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

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.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

6/19/2003

Loan Approval Gross Amount

$542,000

Loan Approval from the SBA

Of the total $542,000 loan amount, the SBA guaranteed $406,500.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $542,000. How would you spend $542,000 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.

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