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November 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Diego, Business Loans > California Bank & Trust San Diego Business Loans > Computer And Software Stores Loan | ||||
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California SBA Banks
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San Diego, California Bank Lends Money to Computer And Software Stores Company in Los Angeles, CaliforniaThinking about meeting with a San Diego, California bank about an SBA loan? Here's one California business loan, issued by a San Diego bank, that was approved by the SBA. Applying for an SBA loan with California Bank & Trust worked out well for our friends at one local company in Los Angeles, California. The business was able to get an SBA loan for $100,000. Nice! SBA Loan Borrower COMPANY TYPE: COMPUTER AND SOFTWARE STORES SBA Loan Lender CALIFORNIA BANK & TRUST This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 443120 - Computer and Software Stores Loan Approval Date 6/6/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like California Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Find an SBA Lender in San Diego, California
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