Residential Care Facilities Small Business Loans

Looking for small business loans for residential care facilities? Talk to a banker who works with the SBA. This $832,000 residential care facilities loan was issued by a California bank.

Getting a small business loan in Marina, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Inland Commun Bank, operating out of Rialto, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL CARE FACILITIES
MARINA, CA 93933

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

623990 - Residential Care Facilities

Loan Approval Date

10/27/2004

Loan Approval Gross Amount

$832,000

Loan Approval from the SBA

Of the total $832,000 loan amount, the SBA guaranteed $624,000.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Marina CA, you ought to talk with a local Marina SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marina businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Getting a Small Business Loan

Banks in Rialto, California

SBA Lenders in California