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November 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Boat Building Loan | ||||
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SBA Lenders in California
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Bank Loans for Boat BuildingWith these bank loans for boat building, the SBA guarantees the lender that the loan will be repaid. This boat building loan for $832,000 was given to a California entrepreneur in 2004. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Temecula Valley Bank, out of Temecula, California. The loan was granted and they received $832,000 to help grow their Corona, California business. SBA Loan Borrower COMPANY TYPE: BOAT BUILDING SBA Loan Lender TEMECULA VALLEY BANK This lender provides SBA debt financing 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. NAICS Code 336612 - Boat Building Loan Approval Date 12/7/2004 Loan Approval Gross Amount $832,000 Loan Approval from the SBA Of the total $832,000 loan amount, the SBA guaranteed $624,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Corona CA, you ought to talk with a local Corona SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Corona businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Who Lends Money to Small Businesses in Temecula, California
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