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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Clemente, Business Loans > Pacific Coast National Bank San Clemente Business Loans > Computer Related Services Loan | ||||
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San Clemente Bank Loan
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San Clemente, California Lender Lends Money to Computer Related Services CompanyGet to know San Clemente, California banks that specialize in business loans and know how to work with entrepreneurs. Pacific Coast National Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Los Angeles, California starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Pacific Coast National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: COMPUTER RELATED SERVICES SBA Loan Lender PACIFIC COAST NATIONAL BANK This lender provides SBA guaranteed bank loans 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 541519 - Computer Related Services Loan Approval Date 10/12/2007 Loan Approval Gross Amount $410,800 Loan Approval from the SBA Of the total $410,800 loan amount, the SBA guaranteed $308,100. 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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: Good Banks for Small Business in San Clemente, California Browse All Business Loan Sources for California
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