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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Corona, Business Loans > Vineyard Bank Corona Business Loans > Passenger Car Rental Loan | ||||
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SBA Lender Los Angeles California
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Passenger Car Rental Small Business LoansLooking for small business loans for passenger car rental? The SBA may be the answer. This $1,000,000 passenger car rental loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Vineyard Bank, out of Corona, California. The loan was granted and they received $1,000,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: PASSENGER CAR RENTAL SBA Loan Lender VINEYARD BANK 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 532111 - Passenger Car Rental Loan Approval Date 1/11/2006 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 11 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks in Corona, California
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