SBA Loans for Lessors of Residential Buildingsv and Dwellings

Looking for SBA loans for lessors of residential buildingsv and dwellings? Talk to a banker who works with the SBA. This $1,149,000 lessors of residential buildingsv and dwellings 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 $1,149,000 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $749,998 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: OPERATORS OF APARTMENT BUILDINGS
ANAHEIM, CA 92805

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6513 - Operators of Apartment Buildings

NAICS Code

531110 - Lessors of Residential Buildingsv and Dwellings

Loan Approval Date

9/25/2000

Loan Approval Gross Amount

$1,149,000

Loan Approval from the SBA

Of the total $1,149,000 loan amount, the SBA guaranteed $749,998.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 130 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 130 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific Western Bank and they will explain how you can get an SBA loan for your company.

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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