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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Huntington Beach, Business Loans > Pacific Western Bank Huntington Beach Business Loans > Building Finishing Contractors Loan | ||||
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Pacific Western Bank Loans
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Where to Get Capital for Building Finishing ContractorsLooking for small business loans for building finishing contractors? An SBA loan may be just what you've been looking for. This $1,118,200 building finishing contractors loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntington Beach, California was able to borrow $1,118,200 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $838,650 of this California small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING FINISHING CONTRACTORS SBA Loan Lender PACIFIC WESTERN 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 238390 - Building Finishing Contractors Loan Approval Date 9/17/2003 Loan Approval Gross Amount $1,118,200 Loan Approval from the SBA Of the total $1,118,200 loan amount, the SBA guaranteed $838,650. 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 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Huntington Beach CA, you ought to talk with a local Huntington Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Huntington Beach businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Family and Friend Investors - Your First Financiers SBA Approved Banks in Huntington Beach, California
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