Commercial Loans for Engineering Services

Looking for commercial loans for engineering services? The SBA may be the answer. This $426,100 engineering services loan was issued by a California bank.

Getting a small business loan in Laguna Beach, California was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First Bank, operating out of Huntington Beach, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
LAGUNA BEACH, CA 92653

SBA Loan Lender

FIRST BANK
16900 GOLDENWEST ST
HUNTINGTON BEACH, CA 92647

This lender provides SBA commercial 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.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

1/10/2000

Loan Approval Gross Amount

$426,100

Loan Approval from the SBA

Of the total $426,100 loan amount, the SBA guaranteed $319,575.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

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Where to Get an SBA Loan in Huntington Beach, California

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