Professional, Scientific, and Technical Services Loans
Looking for loans for professional, scientific, and technical services? Talk to a banker who works with the SBA. This $1,300,000 professional, scientific, and technical services loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Orange, California was able to borrow $1,300,000 from Fullerton Community Bank, Fsb. The SBA made the loan possible by guaranteeing $975,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: ADJUSTMENT AND COLLECTION SERVICES
ORANGE, CA 92868
SBA Loan Lender
FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832
This loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7322 - Adjustment and Collection Services
NAICS Code
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
7/9/2002
Loan Approval Gross Amount
$1,300,000
Loan Approval from the SBA
Of the total $1,300,000 loan amount, the SBA guaranteed $975,000.
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 19 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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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