Business Loans for Building Material Dealers

Looking for business loans for building material dealers? Try the SBA. This $1,647,200 building material dealers loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Pacific Coast National Bank, out of San Clemente, California. The loan was granted and they received $1,647,200 to help grow their Lake Forest, California business.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
LAKE FOREST, CA 92630

SBA Loan Lender

PACIFIC COAST NATIONAL BANK
905 CALLE AMANECER
SAN CLEMENTE, CA 92673

This lender provides SBA loan for small businesses 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.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

8/22/2007

Loan Approval Gross Amount

$1,647,200

Loan Approval from the SBA

Of the total $1,647,200 loan amount, the SBA guaranteed $1,235,400.

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 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

VC Firms on Twitter

Good Banks for Small Business in San Clemente, California

Getting an SBA Loan in California