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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Thousand Oaks, Business Loans > California Oaks State Bank Thousand Oaks Business Loans > Promoters Of Performing Arts, Sports, And Similar Events With Facilities Loan | ||||
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California Small Business Funding
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Promoters of Performing Arts, Sports, and Similar Events with Facilities LoansLooking for loans for promoters of performing arts, sports, and similar events with facilities? An SBA loan may be just what you've been looking for. This $270,000 promoters of performing arts, sports, and similar events with facilities loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Westlake Village, California was able to borrow $270,000 from California Oaks State Bank. The SBA made the loan possible by guaranteeing $202,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: PROMOTERS OF PERFORMING ARTS, SPORTS, AND SIMILAR EVENTS WITH FACILITIES SBA Loan Lender CALIFORNIA OAKS STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711310 - Promoters of Performing Arts, Sports, and Similar Events with Facilities Loan Approval Date 9/10/2003 Loan Approval Gross Amount $270,000 Loan Approval from the SBA Of the total $270,000 loan amount, the SBA guaranteed $202,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. California Oaks State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, California Oaks State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Banking Deregulation's Effects on Entrepreneurship SBA Approved Banks in Thousand Oaks, California
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