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November 15, 2024  
 
 
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Requirements for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Financing for Business to Business Electronic Markets

With these loans for business to business electronic markets, the SBA guarantees the lender that the loan will be repaid. This business to business electronic markets loan for $150,000 was given to a California entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Coto De Caza, California was able to borrow $150,000 from Merchants Bank - California Natl. The SBA made the loan possible by guaranteeing $75,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS TO BUSINESS ELECTRONIC MARKETS
COTO DE CAZA, CA 92679

SBA Loan Lender

MERCHANTS BANK - CALIFORNIA NATL
1 CIVIC PLAZA DR
CARSON, CA 90745

This SBA bank 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

425110 - Business to Business Electronic Markets

Loan Approval Date

7/14/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 application for the borrower indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Coto De Caza CA, you ought to talk with a local Coto De Caza SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coto De Caza businesses.

We can help you find the best banks for small businesses in Coto De Caza 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.

Related Links:

Determining Proper Capital Structure for a Business

Small Bank Loans in Carson, California

Where to Get an SBA Loan California