Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Rancho Santa Fe Bank Loan

 

 
Loan Census SBA Loan Info

Rancho Santa Fe, California Bank Gives SBA Loan to Flooring Contractors Company

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

Applying for an SBA loan with Pacific Western Bank worked out well for our friends at one local business in North Hollywood, California. They got an SBA loan for $516,000. Great job!

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
NORTH HOLLYWOOD, CA 91601

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

This lender provides SBA commercial loans 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

238330 - Flooring Contractors

Loan Approval Date

12/8/2004

Loan Approval Gross Amount

$516,000

Loan Approval from the SBA

Of the total $516,000 loan amount, the SBA guaranteed $387,000.

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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $516,000. How would you spend $516,000 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:

504 Loans

Small Business Banks in Rancho Santa Fe, California

SBA Participating Banks in California