El Centro, California Bank Lends Money to General Automotive Repair Company in Imperial, California

Get business loans from an El Centro, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Rabobank, National Association is a El Centro, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
IMPERIAL, CA 92251

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1498 MAIN ST
EL CENTRO, CA 92243

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

811111 - General Automotive Repair

Loan Approval Date

8/24/2001

Loan Approval Gross Amount

$173,900

Loan Approval from the SBA

Of the total $173,900 loan amount, the SBA guaranteed $130,425.

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 6 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

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

If you need business start up money in Imperial CA, you ought to talk with a local Imperial SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Imperial businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Understanding Dilution

Banks in El Centro, California

SBA California Lenders