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November 24, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Radio, Television, And Electronics Stores Loan | ||||
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California SBA 7A Lenders
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Entrepreneur Works With Temecula, California Bank to Get an SBA LoanWant to talk with a Temecula, California bank about a business loan? Here's one North Carolina business loan, issued by a Temecula bank, that was approved by the SBA. Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local business in Fuquay-Varina (rr Name Fuquay, North Carolina. They received an SBA loan for $170,000. Sweet! SBA Loan Borrower COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES SBA Loan Lender TEMECULA VALLEY BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 6/4/2002 Loan Approval Gross Amount $170,000 Loan Approval from the SBA Of the total $170,000 loan amount, the SBA guaranteed $127,500. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 Temecula Valley 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. Related Links: SBA Approved Banks in Temecula, California
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