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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Mission Oaks National Bank Temecula Business Loans > Physicians Loan | ||||
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Mission Oaks National Bank Business Loan Glendale
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Mission Oaks National Bank SBA Loan to Physicians CompanyMission Oaks National Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans. This growing company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Mission Oaks National Bank, out of Temecula, California. The loan was granted and they received $1,192,500 to help grow their Glendale, California business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender MISSION OAKS NATIONAL BANK This lender provides SBA commercial loans 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 621111 - Physicians Loan Approval Date 12/12/2005 Loan Approval Gross Amount $1,192,500 Loan Approval from the SBA Of the total $1,192,500 loan amount, the SBA guaranteed $894,375. 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 25 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 25 existing jobs. 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. We can help you find the best banks for small businesses in Glendale or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Who Lends Money to Small Businesses in Temecula, California
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