Commercial Loans for Footwear Wholesalers
With these commercial loans for footwear wholesalers, the SBA guarantees the lender that the loan will be repaid. This footwear wholesalers loan for $154,500 was given to a California entrepreneur in 2000.
Getting a small business loan in Beverly Hills, California was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Rancho Santa Fe, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FOOTWEAR
BEVERLY HILLS, CA 90212
SBA Loan Lender
PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067
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
5139 - Footwear
NAICS Code
422340 - Footwear Wholesalers
Loan Approval Date
3/10/2000
Loan Approval Gross Amount
$154,500
Loan Approval from the SBA
Of the total $154,500 loan amount, the SBA guaranteed $115,875.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Pacific Western Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Understanding Dilution
SBA 7A Banks in Rancho Santa Fe, California
SBA Participating Banks in California