Direct Mail Advertising Bank Loans
Looking for bank loans for direct mail advertising? The SBA may be the answer. This $247,500 direct mail advertising loan was issued by a California bank.
Getting a small business loan in Lake Elsinore (elsinore), California was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Escondido, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DIRECT MAIL ADVERTISING
LAKE ELSINORE (ELSINORE), CA 92582
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541860 - Direct Mail Advertising
Loan Approval Date
6/26/2001
Loan Approval Gross Amount
$247,500
Loan Approval from the SBA
Of the total $247,500 loan amount, the SBA guaranteed $185,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Pacific Western Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
504 Loans
Small Business Banks in Escondido, California
SBA Lenders in California