Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Goleta, California SBA Lenders

 

 
Loan Census SBA Loan Info

Goleta, California Lender Lends Money to Dental Laboratories Company

Get to know Goleta, California banks that specialize in business loans and know how to work with entrepreneurs. Community W. Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Mcminnville, Oregon starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Community W. Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: DENTAL LABORATORIES
MCMINNVILLE, OR 97128

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8072 - Dental Laboratories

NAICS Code

339116 - Dental Laboratories

Loan Approval Date

7/28/2000

Loan Approval Gross Amount

$423,000

Loan Approval from the SBA

Of the total $423,000 loan amount, the SBA guaranteed $317,250.

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 18 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $423,000. How would you spend $423,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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

Where to Get an SBA Loan in Goleta, California

California SBA Bank Lenders