Temecula, California Bank Lends Money to Full-Service Restaurants Company in Los Alamitos, California
Get small business loans from a Temecula, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Temecula Valley Bank is a Temecula, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
LOS ALAMITOS, CA 90720
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
5/22/2006
Loan Approval Gross Amount
$1,882,200
Loan Approval from the SBA
Of the total $1,882,200 loan amount, the SBA guaranteed $1,411,650.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 58 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 58 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need business start up money in Los Alamitos CA, you ought to talk with a local Los Alamitos SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Alamitos businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Temecula Valley 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:
Strategic Investors
Small Business Banks in Temecula, California
Getting an SBA Loan in California