Loan Census Banking News and Information
November 21, 2024  
 
 
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Santa Barbara, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Santa Barbara, California Bank Lends Money to Finish Carpentry Contractors Company in Laguna Hills (leisure World), California

Find Santa Barbara, California banks that specialize in SBA loans and know how to work with entrepreneurs. Pacific Cap. Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Laguna Hills (leisure World), California starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Pacific Cap. Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
LAGUNA HILLS (LEISURE WORLD), CA 92653

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

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

238350 - Finish Carpentry Contractors

Loan Approval Date

12/8/2005

Loan Approval Gross Amount

$327,500

Loan Approval from the SBA

Of the total $327,500 loan amount, the SBA guaranteed $245,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 11 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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