Commercial Loans for Child and Youth Services
Looking for commercial loans for child and youth services? An SBA loan may be just what you've been looking for. This $340,000 child and youth services loan was issued by a California bank.
Getting a small business loan in Fullerton, California was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank, operating out of San Jose, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: INDIVIDUAL AND FAMILY SOCIAL SERVICES
FULLERTON, CA 92833
SBA Loan Lender
COMERICA BANK
333 W SANTA CLARA ST
SAN JOSE, CA 95113
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8322 - Individual and Family Social Services
NAICS Code
624110 - Child and Youth Services
Loan Approval Date
2/14/2001
Loan Approval Gross Amount
$340,000
Loan Approval from the SBA
Of the total $340,000 loan amount, the SBA guaranteed $255,000.
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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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 Comerica Bank 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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