California Business Loan Issued to Automotive Parts And Accessories Stores Company
CaliforniaBank loans are available to California firms through the SBA. In this case, an Utah bank provides the loan.
You can learn something about getting a small business loan in Anaheim, California by studying this loan to a local company, made back in 2005. Banks like Bank Of The West may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
ANAHEIM, CA 92806
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
5/5/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 19 employees. The SBA loan documents indicated that the funding would help generate 4 new jobs.
Next Steps for Getting an SBA Loan
If you want money for new small business in Anaheim CA, you ought to talk with a local Anaheim SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Anaheim businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Business Cash Advances
Small Business Banks in Salt Lake City, Utah
Find an SBA Lender in Utah