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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Escondido, Business Loans > Pacific Western Bank Escondido Business Loans > Store Retailers Loan | ||||
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Pacific Western Bank Commercial Loans
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Raising Money for Store RetailersWith these business loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $106,400 was given to a California entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Temecula, California was able to borrow $106,400 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $90,440 of this California small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender PACIFIC WESTERN BANK 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 453998 - Store Retailers Loan Approval Date 10/27/2006 Loan Approval Gross Amount $106,400 Loan Approval from the SBA Of the total $106,400 loan amount, the SBA guaranteed $90,440. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: Small Bank Loans in Escondido, California
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