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November 24, 2024  
 
 
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California Bank SBA Loans

 

 
Loan Census SBA Loan Info

Pacific Cap. Bank SBA Loan to Amusement And Recreation Services Company

Searching for a California SBA loan? Here's one California business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Camarillo, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Pacific Cap. Bank, based in Santa Barbara, California.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
CAMARILLO, CA 93010

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

Loan Approval Date

2/17/2000

Loan Approval Gross Amount

$148,300

Loan Approval from the SBA

Of the total $148,300 loan amount, the SBA guaranteed $111,225.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Camarillo CA, you ought to talk with a local Camarillo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Camarillo businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Credit Evaluation

Small Business Banks in Santa Barbara, California

SBA Lenders in California