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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Santa Margarit, Business Loans > South Cnty Bank Rancho Santa Margarit Business Loans > Computer, Peripheral Equipment And Software Merchant Wholesaler Loan | ||||
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Requirements for Entrepreneurs On Getting a Loan
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How to Get a Loan for Computer, Peripheral Equipment and Software Merchant WholesalerWith these business loans for computer, peripheral equipment and software merchant wholesaler, the SBA guarantees the lender that the loan will be repaid. This computer, peripheral equipment and software merchant wholesaler loan for $684,400 was given to a California entrepreneur in 2003. Getting a small business loan in La Habra, California was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from South Cnty Bank, operating out of Rancho Santa Margarit, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER, PERIPHERAL EQUIPMENT AND SOFTWARE MERCHANT WHOLESALER SBA Loan Lender SOUTH CNTY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423430 - Computer, Peripheral Equipment and Software Merchant Wholesaler Loan Approval Date 7/3/2003 Loan Approval Gross Amount $684,400 Loan Approval from the SBA Of the total $684,400 loan amount, the SBA guaranteed $513,300. 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 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 South Cnty Bank 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: How Much Venture Capital Is There? Best Banks in Rancho Santa Margarit, California
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