Bank Loans for Investigation Services
With these bank loans for investigation services, the SBA guarantees the lender that the loan will be repaid. This investigation services loan for $190,000 was given to a California entrepreneur in 2001.
Getting a small business loan in Huntington Beach, California was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Internatl City Bank, operating out of Long Beach, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: INVESTIGATION SERVICES
HUNTINGTON BEACH, CA 92647
SBA Loan Lender
INTERNATL CITY BANK
249 E OCEAN BLVD
LONG BEACH, CA 90802
This lender provides SBA debt financing 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
561611 - Investigation Services
Loan Approval Date
7/5/2001
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 26 employees. The loan application indicated that the loan would help retain 26 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to borrow money from friends and family, 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.
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