National Bank Of California SBA Loan to Wine And Distilled Alcoholic Beverage Wholesalers Company
An SBA loan from National Bank Of California typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hacienda Heights, California business owner got a $250,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hacienda Heights, California was able to borrow $250,000 from National Bank Of California. The SBA made the loan possible by guaranteeing $125,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGE WHOLESALERS
HACIENDA HEIGHTS, CA 91605
SBA Loan Lender
NATIONAL BANK OF CALIFORNIA
145 S FAIRFAX AVE
LOS ANGELES, CA 90036
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
422820 - Wine and Distilled Alcoholic Beverage Wholesalers
Loan Approval Date
8/5/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need business start up money in Hacienda Heights CA, you ought to talk with a local Hacienda Heights SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hacienda Heights businesses.
We've showcased information on this loan to let you know that businesses like yours 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:
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California SBA 7A Banks