Business Loan from Pacific Premier Bank Given to Physicians Company

An SBA loan from Pacific Premier Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Huntington Park, California business owner got a $350,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntington Park, California was able to borrow $350,000 from Pacific Premier Bank. The SBA made the loan possible by guaranteeing $175,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
HUNTINGTON PARK, CA 90250

SBA Loan Lender

PACIFIC PREMIER BANK
1600 SUNFLOWER AVE
COSTA MESA, CA 92626

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

621111 - Physicians

Loan Approval Date

10/25/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

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 12 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Determining Proper Capital Structure for a Business

SBA 7A Lenders in Costa Mesa, California

Getting a Business Loan in California