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

Find Fullerton, California banks that specialize in business loans and know how to work with entrepreneurs. Fullerton Community Bank, Fsb is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Huntington Beach, California starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Fullerton Community Bank, Fsb. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: OFFICE FURNITURE
HUNTINGTON BEACH, CA 92649

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2522 - Office Furniture

NAICS Code

337214 - Office Furniture Manufacturing

Loan Approval Date

3/29/2000

Loan Approval Gross Amount

$739,000

Loan Approval from the SBA

Of the total $739,000 loan amount, the SBA guaranteed $554,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Fullerton Community Bank, Fsb and they will explain how you can get an SBA loan for your company.

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:

Debt Financing

Small Business Banks in Fullerton, California

SBA Lenders in California