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November 24, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Lake Elsinore, California and We Got One!

 

 
Loan Census SBA Loan Info

SBA Loans for Educational Support Services

Looking for SBA loans for educational support services? Try the SBA. This $242,500 educational support services loan was issued by an Ohio bank.

This small business knew how to go about getting a business bank loan. Based in Lake Elsinore, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was U.S. Bank National Association, based in Cincinnati, Ohio.

SBA Loan Borrower

COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
LAKE ELSINORE, CA 92532

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611710 - Educational Support Services

Loan Approval Date

4/18/2006

Loan Approval Gross Amount

$242,500

Loan Approval from the SBA

Of the total $242,500 loan amount, the SBA guaranteed $181,875.

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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $242,500 loan. Remember, you control your own destiny.

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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