Business Loan from Discovery Bank Given to Store Retailers Company
Discovery Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Ontario, California was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Discovery Bank, operating out of San Marcos, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
ONTARIO, CA 91764
SBA Loan Lender
DISCOVERY BANK
338 VIA VERA CRUZ
SAN MARCOS, CA 92078
This lender provides SBA small business 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
453998 - Store Retailers
Loan Approval Date
4/10/2007
Loan Approval Gross Amount
$134,500
Loan Approval from the SBA
Of the total $134,500 loan amount, the SBA guaranteed $114,325.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need business start up money in Ontario CA, you ought to talk with a local Ontario SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ontario businesses.
We've showcased information on this loan to let you know that businesses like yours 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.
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