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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Diego, Business Loans > California Bank & Trust San Diego Business Loans > General Automotive Repair Loan | ||||
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Banks in California
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General Automotive Repair Commercial LoansLooking for commercial loans for general automotive repair? Talk to a banker who works with the SBA. This $100,000 general automotive repair loan was issued by a California bank. Getting a small business loan in Oxnard, California was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust, operating out of San Diego, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this SBA loan 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 811111 - General Automotive Repair Loan Approval Date 1/23/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a business in Oxnard CA, you ought to talk with a local Oxnard SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oxnard businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like California Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: A Company That Helps Entrepreneurs Find an SBA Lender in San Diego, California
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