Entrepreneur Works With Fullerton, California Bank to Get an SBA Loan

Thinking about meeting with a Fullerton, California bank about an SBA loan? Here's one California business loan, issued by a Fullerton bank, that was approved by the SBA.

Applying for an SBA loan with Fullerton Community Bank, Fsb worked out well for our friends at one local company in Orange, California. They got an SBA loan for $1,003,500. Sweet!

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
ORANGE, CA 92865

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

This SBA business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

8/9/2001

Loan Approval Gross Amount

$1,003,500

Loan Approval from the SBA

Of the total $1,003,500 loan amount, the SBA guaranteed $752,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

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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