Temecula, California Bank Lends Money to Nondurable Goods Merchant Wholesalers Company in Atlanta, Georgia
Get small business loans from a Temecula, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Temecula Valley Bank is a Temecula, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.
SBA Loan Borrower
COMPANY TYPE: NONDURABLE GOODS MERCHANT WHOLESALERS
ATLANTA, GA 30310
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424990 - Nondurable Goods Merchant Wholesalers
Loan Approval Date
12/14/2004
Loan Approval Gross Amount
$1,315,000
Loan Approval from the SBA
Of the total $1,315,000 loan amount, the SBA guaranteed $986,250.
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 35 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 45 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Obtaining Funding - How to Borrow Money
SBA 7A Lenders in Temecula, California
Getting an SBA Loan in California