El Centro, California Bank Gives SBA Loan to Automotive Transmission Repair Company

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

Applying for an SBA loan with Rabobank, National Association worked out well for our friends at one local firm in El Centro, California. They received an SBA loan for $133,200. Way to go!

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE TRANSMISSION REPAIR
EL CENTRO, CA 92243

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1498 MAIN ST
EL CENTRO, CA 92243

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

811113 - Automotive Transmission Repair

Loan Approval Date

1/3/2003

Loan Approval Gross Amount

$133,200

Loan Approval from the SBA

Of the total $133,200 loan amount, the SBA guaranteed $113,220.

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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

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

If you want money for new small business in El Centro CA, you ought to talk with a local El Centro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to El Centro businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Rabobank, National Association 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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