El Cajon, California Entrepreneur Gets a Small Business Loan
CaliforniaSmall business loans are available to California small business owners through the SBA. In this case, a California bank provides the loan.
You can learn something about getting a small business loan in El Cajon, California by studying this loan to a local company, made back in 2002. Banks like La Jolla Bank, Fsb may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIALS
EL CAJON, CA 92040
SBA Loan Lender
LA JOLLA BANK, FSB
128 N BROADWAY
ESCONDIDO, CA 92025
This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5032 - Brick, Stone, and Related Construction Materials
NAICS Code
444190 - Building Material Dealers
Loan Approval Date
9/25/2002
Loan Approval Gross Amount
$1,333,300
Loan Approval from the SBA
Of the total $1,333,300 loan amount, the SBA guaranteed $999,975.
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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,333,300 loan. Remember, where there is a will, there is a way!
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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