Entrepreneur Works With Wilmington, Delaware Bank to Get an SBA Loan

Find Wilmington, Delaware banks that specialize in small business loans and know how to work with entrepreneurs. Lehman Brothers Bank, Fsb is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in La Mesa, California starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Lehman Brothers 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: TOUR OPERATORS
LA MESA, CA 91941

SBA Loan Lender

LEHMAN BROTHERS BANK, FSB
1000 WEST ST, STE 200
WILMINGTON, DE 19801

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

561520 - Tour Operators

Loan Approval Date

1/29/2004

Loan Approval Gross Amount

$449,100

Loan Approval from the SBA

Of the total $449,100 loan amount, the SBA guaranteed $336,825.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

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

If you want money for new small business in La Mesa CA, you ought to talk with a local La Mesa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to La Mesa businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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