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December 20, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > San Diego, Business Loans > U.S. Bank National Association San Diego Business Loans > Marinas Loan | ||||
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San Diego Lenders
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San Diego, California Lender Lends Money to Marinas CompanyThinking about meeting with a San Diego, California bank about a small business loan? Here's one Iowa business loan, issued by a San Diego bank, that was approved by the SBA. Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local firm in Adel, Iowa. They received an SBA loan for $1,015,000. Awesome! SBA Loan Borrower COMPANY TYPE: MARINAS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713930 - Marinas Loan Approval Date 1/24/2008 Loan Approval Gross Amount $1,015,000 Loan Approval from the SBA Of the total $1,015,000 loan amount, the SBA guaranteed $761,250. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $1,015,000. How would you spend $1,015,000 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. Related Links: Role of Business Plan When Raising Money SBA 7A Banks for San Diego, California Loans
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