Entrepreneur Works With Temecula, California Bank to Get an SBA Loan
Thinking about meeting with a Temecula, California bank about a business loan? Here's one California business loan, issued by a Temecula bank, that was approved by the SBA.
Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local company in Anaheim, California. They got an SBA loan for $275,900. Way to go!
SBA Loan Borrower
COMPANY TYPE: SOUND RECORDING STUDIOS
ANAHEIM, CA 92805
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
512240 - Sound Recording Studios
Loan Approval Date
5/3/2001
Loan Approval Gross Amount
$275,900
Loan Approval from the SBA
Of the total $275,900 loan amount, the SBA guaranteed $206,925.
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 29 employees. The SBA loan application for the borrower indicated that the loan would help retain 29 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
How Equity Dilution Works
Best Banks for Small Business in Temecula, California
SBA California Lenders