Temecula, California Bank Gives SBA Loan to Automotive Parts And Accessories Stores Company
Thinking about meeting with a Temecula, California bank about a business loan? Here's one California business loan, issued by a Temecula bank, that was approved by the SBA.
Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local business in La Puente, California. They got an SBA loan for $1,329,300. Great job!
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
LA PUENTE, CA 91744
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
5/4/2006
Loan Approval Gross Amount
$1,329,300
Loan Approval from the SBA
Of the total $1,329,300 loan amount, the SBA guaranteed $996,975.
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 indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
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.
This SBA loan was for $1,329,300. How would you spend $1,329,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Advice on Getting a Small Business Loan
Find an SBA Lender in Temecula, California
Where to Get an SBA Loan California