Loans for Accounting Services
Looking for loans for accounting services? The SBA may be the answer. This $50,000 accounting services loan was issued by a California bank.
Getting a small business loan in Moreno Valley, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Southland Credit Union, operating out of Downey, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: ACCOUNTING SERVICES
MORENO VALLEY, CA 92557
SBA Loan Lender
SOUTHLAND CREDIT UNION
8545 FLORENCE AVE
DOWNEY, CA 90240
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
541219 - Accounting Services
Loan Approval Date
6/6/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find other ways to get money to start a business, 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:
Obtaining Funding - Getting Venture Capital
SBA Approved Banks in Downey, California
Where to Get an SBA Loan California