Bank Loans for Flight Training
With these bank loans for flight training, the SBA guarantees the lender that the loan will be repaid. This flight training loan for $150,000 was given to a California entrepreneur in 2005.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Pacific City Bank, out of Los Angeles, California. The loan was granted and they received $150,000 to help grow their Livermore, California business.
SBA Loan Borrower
COMPANY TYPE: FLIGHT TRAINING
LIVERMORE, CA 94551
SBA Loan Lender
PACIFIC CITY BANK
3701 WILSHIRE BLVD, STE 402
LOS ANGELES, CA 90010
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
611512 - Flight Training
Loan Approval Date
2/25/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 10 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific City Bank and they will explain how you can get an SBA loan for your company.
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:
Business Incubators
SBA 7A Lenders in Los Angeles, California
California SBA 7A Banks