Fallbrook, California Business Gets SBA-Guaranteed Funding from First National Bank - Southern Calif

An SBA loan from First National Bank - Southern Calif typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fallbrook, California business owner got a $50,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fallbrook, California was able to borrow $50,000 from First National Bank - Southern Calif. The SBA made the loan possible by guaranteeing $25,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
FALLBROOK, CA 92028

SBA Loan Lender

FIRST NATIONAL BANK - SOUTHERN CALIF
3727 ARLINGTON AVE, STE 202 A
RIVERSIDE, CA 92506

This SBA business 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

511110 - Newspaper Publishers

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank - Southern Calif had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank - Southern Calif made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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