Entrepreneur Works With Truckee, California Bank to Get an SBA Loan
Thinking about meeting with a Truckee, California bank about a business loan? Here's one Hawaii business loan, issued by a Truckee bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of The West worked out well for our friends at one local firm in Honolulu, Hawaii. The business was able to get an SBA loan for $319,000. Nice!
SBA Loan Borrower
COMPANY TYPE: BED-AND-BREAKFAST INNS
HONOLULU, HI 96822
SBA Loan Lender
BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721191 - Bed-and-Breakfast Inns
Loan Approval Date
12/18/2000
Loan Approval Gross Amount
$319,000
Loan Approval from the SBA
Of the total $319,000 loan amount, the SBA guaranteed $239,250.
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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
VC Firms on Twitter
SBA Banks in Truckee, California
Find an SBA Lender in California