Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Lenders California

 

 
Loan Census SBA Loan Info

Los Angeles, California Bank Gives SBA Loan to Beer, Wine, And Liquor Stores Company

Thinking about meeting with a Los Angeles, California bank about a small business loan? Here's one Colorado business loan, issued by a Los Angeles bank, that was approved by the SBA.

Applying for an SBA loan with Center Bank worked out well for our friends at one local business in Federal Heights, Colorado. The business was able to get an SBA loan for $243,700. Nice!

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
FEDERAL HEIGHTS, CO 80221

SBA Loan Lender

CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

3/8/2002

Loan Approval Gross Amount

$243,700

Loan Approval from the SBA

Of the total $243,700 loan amount, the SBA guaranteed $182,775.

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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

Related Links:

How to Raise Money

Where to Get an SBA Loan in Los Angeles, California

California SBA 7A Lenders