Entrepreneur Works With Fullerton, California Bank to Get an SBA Loan
Thinking about meeting with a Fullerton, California bank about a small business loan? Here's one California business loan, issued by a Fullerton bank, that was approved by the SBA.
Applying for an SBA loan with Fullerton Community Bank, Fsb worked out well for our friends at one local business in Irvine, California. They got an SBA loan for $875,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
IRVINE, CA 92620
SBA Loan Lender
FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832
This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
12/18/2000
Loan Approval Gross Amount
$875,000
Loan Approval from the SBA
Of the total $875,000 loan amount, the SBA guaranteed $656,250.
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 8 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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:
Getting a Small Business Loan
Where to Get an SBA Loan in Fullerton, California
SBA Lenders in California