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November 14, 2024  
 
 
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SBA Lender Temecula, California

 

 
Loan Census SBA Loan Info

Temecula, California Bank Lends Money to Hotels And Motels Company in Maywood, California

Want to talk with a Temecula, California bank about an SBA loan? Here's one California business loan, issued by a Temecula bank, that was approved by the SBA.

Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local firm in Maywood, California. They received an SBA loan for $482,900. Way to go!

SBA Loan Borrower

COMPANY TYPE: HOTELS AND MOTELS
MAYWOOD, CA 90270

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

721110 - Hotels and Motels

Loan Approval Date

5/19/2003

Loan Approval Gross Amount

$482,900

Loan Approval from the SBA

Of the total $482,900 loan amount, the SBA guaranteed $362,175.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Maywood CA, you ought to talk with a local Maywood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Maywood businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Startup Funding Tip

SBA Participating Banks in Temecula, California

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