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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Pasadena, California Bank Lends Money to Security Guards And Patrol Services Company in Los Angeles, California

Thinking about meeting with a Pasadena, California bank about an SBA loan? Here's one California business loan, issued by a Pasadena bank, that was approved by the SBA.

Applying for an SBA loan with Community Bank worked out well for our friends at one local firm in Los Angeles, California. They received an SBA loan for $441,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: SECURITY GUARDS AND PATROL SERVICES
LOS ANGELES, CA 90045

SBA Loan Lender

COMMUNITY BANK
790 E COLORADO BLVD
PASADENA, CA 91101

This lender provides SBA small business 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

561612 - Security Guards and Patrol Services

Loan Approval Date

10/13/2000

Loan Approval Gross Amount

$441,000

Loan Approval from the SBA

Of the total $441,000 loan amount, the SBA guaranteed $330,750.

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 110 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 110 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $441,000 loan. Remember, if it to be, it is up to me!

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.

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