Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Advice for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Horse and Equine Production

Looking for commercial loans for horse and equine production? The SBA may be the answer. This $340,000 horse and equine production loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Temecula, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Citizens Business Bank, based in Burbank, California.

SBA Loan Borrower

COMPANY TYPE: HORSE AND EQUINE PRODUCTION
TEMECULA, CA 92589

SBA Loan Lender

CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505

This SBA bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112920 - Horse and Equine Production

Loan Approval Date

4/16/2002

Loan Approval Gross Amount

$340,000

Loan Approval from the SBA

Of the total $340,000 loan amount, the SBA guaranteed $255,000.

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 3 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Temecula 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:

Obtaining Funding - Friends and Family

SBA Participating Banks in Burbank, California

Where to Get an SBA Loan California