General Rental Centers Small Business Loans
Looking for small business loans for general rental centers? The SBA may be the answer. This $250,000 general rental centers loan was issued by a California bank.
This small firm knew how to go about getting a business bank loan. Based in Montclair, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was National Bank Of California, based in Los Angeles, California.
SBA Loan Borrower
COMPANY TYPE: GENERAL RENTAL CENTERS
MONTCLAIR, CA 91763
SBA Loan Lender
NATIONAL BANK OF CALIFORNIA
145 S FAIRFAX AVE
LOS ANGELES, CA 90036
This lender provides SBA debt financing 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
532310 - General Rental Centers
Loan Approval Date
9/7/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 23 employees. The SBA loan documents indicated that the loan would help retain 23 existing jobs.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 $250,000 loan. Remember, anyone can do it... so why not you?
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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