Chatsworth, California Bank Gives SBA Loan to New Single-Family Housing Construction Company

Want to talk with a Chatsworth, California bank about a business loan? Here's one California business loan, issued by a Chatsworth bank, that was approved by the SBA.

Applying for an SBA loan with Telesis Community Cu worked out well for our friends at one local business in Costa Mesa, California. The business was able to get an SBA loan for $50,000. Great job!

SBA Loan Borrower

COMPANY TYPE: NEW SINGLE-FAMILY HOUSING CONSTRUCTION
COSTA MESA, CA 92627

SBA Loan Lender

TELESIS COMMUNITY CU
9301 WINNETKA AVE
CHATSWORTH, CA 91311

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

236115 - New Single-Family Housing Construction

Loan Approval Date

11/30/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Telesis Community Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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