Loans for Lessors of Nonresidential Buildings
Looking for loans for lessors of nonresidential buildings? The SBA may be the answer. This $706,100 lessors of nonresidential buildings loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anaheim, California was able to borrow $706,100 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $529,575 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
ANAHEIM, CA 92806
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531120 - Lessors of Nonresidential Buildings
Loan Approval Date
9/24/2002
Loan Approval Gross Amount
$706,100
Loan Approval from the SBA
Of the total $706,100 loan amount, the SBA guaranteed $529,575.
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 10 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Temecula Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Temecula Valley 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.
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