Company Gets a California Small Business Loan
Looking to get a California SBA loan? This California entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in El Cajon, California by studying this loan to a local business, 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: DIRECT SELLING ESTABLISHMENTS
EL CAJON, CA 92020
SBA Loan Lender
LA JOLLA BANK, FSB
128 N BROADWAY
ESCONDIDO, CA 92025
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
11/19/2002
Loan Approval Gross Amount
$107,100
Loan Approval from the SBA
Of the total $107,100 loan amount, the SBA guaranteed $80,325.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from La Jolla Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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