Fullerton, California Bank Gives SBA Loan to Computer Systems Design Services Company
Want to talk with a Fullerton, California bank about an SBA loan? Here's one California business loan, issued by a Fullerton bank, that was approved by the SBA.
Applying for an SBA loan with Fullerton Community Bank, Fsb worked out well for our friends at one local company in Los Angeles, California. They got an SBA loan for $675,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
LOS ANGELES, CA 90015
SBA Loan Lender
FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541512 - Computer Systems Design Services
Loan Approval Date
7/9/2004
Loan Approval Gross Amount
$675,000
Loan Approval from the SBA
Of the total $675,000 loan amount, the SBA guaranteed $506,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $675,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Financing Your Business
SBA Banks in Fullerton, California
Browse All Business Loan Sources for California