First Commerce Bank Gives Bank Loan to Database And Directory Publishers Company
CaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan.
Getting a small business loan in El Segundo, California was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Commerce Bank. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DATABASE AND DIRECTORY PUBLISHERS
EL SEGUNDO, CA 90245
SBA Loan Lender
FIRST COMMERCE BANK
16861 VENTURA BLVD, STE 100
ENCINO, CA 91436
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
511140 - Database and Directory Publishers
Loan Approval Date
10/4/2004
Loan Approval Gross Amount
$720,000
Loan Approval from the SBA
Of the total $720,000 loan amount, the SBA guaranteed $540,000.
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 30 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Commerce Bank and they will explain how you can get an SBA loan for your company.
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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