Carlsbad, California Entrepreneur Gets a Bank Loan
CaliforniaSmall business loans are available to California small business owners through the SBA. In this case, a California bank provides the loan.
Getting a small business loan in Carlsbad, California was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SCHOOL AND EMPLOYEE BUS TRANSPORTATION
CARLSBAD, CA 92008
SBA Loan Lender
PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
485410 - School and Employee Bus Transportation
Loan Approval Date
6/28/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 45 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 45 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Carlsbad or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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