Cardiff By The Sea, California Business Gets SBA-Guaranteed Funding from Neighborhood National Bank

An SBA loan from Neighborhood National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Cardiff By The Sea, California business owner got a $1,014,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Cardiff By The Sea, California, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Neighborhood National Bank, based in San Diego, California.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL MACHINERY AND EQUIPMENT MERCHANT WHOLESALERS
CARDIFF BY THE SEA, CA 92007

SBA Loan Lender

NEIGHBORHOOD NATIONAL BANK
3511 NATIONAL AVE
SAN DIEGO, CA 92113

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

423830 - Industrial Machinery and Equipment Merchant Wholesalers

Loan Approval Date

9/9/2004

Loan Approval Gross Amount

$1,014,000

Loan Approval from the SBA

Of the total $1,014,000 loan amount, the SBA guaranteed $760,500.

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 generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Neighborhood National 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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