Entrepreneur Works With Riverside, California Bank to Get an SBA Loan

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

Applying for an SBA loan with Altura Cu worked out well for our friends at one local firm in Hemet, California. They got an SBA loan for $35,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
HEMET, CA 92544

SBA Loan Lender

ALTURA CU
2847 CAMPUS PKWY
RIVERSIDE, CA 92507

This lender processed this SBA 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

541940 - Veterinary Services

Loan Approval Date

2/16/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Hemet CA, you ought to talk with a local Hemet SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hemet businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $35,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Advice on Getting a Small Business Loan

SBA 7A Lenders in Riverside, California

California SBA Bank Lenders