 |
 |
November 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Irvine, Business Loans > Metropacific Bank Irvine Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
 |
||||
Raising Money in Orange, California With SBA Loans
|
||||
 |
Metropacific Bank Gives Bank Loan to Beer, Wine, And Liquor Stores CompanyWant a California business loan? This California entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners. This small business, based in Orange, California, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Metropacific Bank. We've got the inside scoop on this California small business loan. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender METROPACIFIC BANK The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 3/28/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs. Next Steps for Getting an SBA Loan If you need money to start business in Orange CA, you ought to talk with a local Orange SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orange businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Metropacific Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Metropacific Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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:
|
|
||
|
||||
|
|
||||