Business Loans for Lessors of Real Estate Property
Looking for business loans for lessors of real estate property? Talk to a banker who works with the SBA. This $126,000 lessors of real estate property loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of West Covina, California. The loan was granted and they received $126,000 to help grow their Laguna Beach, California business.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF REAL PROPERTY
LAGUNA BEACH, CA 92651
SBA Loan Lender
WELLS FARGO BANK
100 N BARRANCA ST, STE 101
WEST COVINA, CA 91791
This lender provides SBA small 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.
SIC Code
6519 - Lessors of Real Property
NAICS Code
531190 - Lessors of Real Estate Property
Loan Approval Date
9/1/2000
Loan Approval Gross Amount
$126,000
Loan Approval from the SBA
Of the total $126,000 loan amount, the SBA guaranteed $94,500.
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 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?
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Realistic Debt Financing Options
SBA Approved Banks in West Covina, California
SBA Participating Banks in California