Homes for the Elderly Business Loans

Looking for business loans for homes for the elderly? Try the SBA. This $261,500 homes for the elderly loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Palm Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Temecula Valley Bank, based in Temecula, California.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL CARE
PALM BEACH, FL 33418

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8361 - Residential Care

NAICS Code

623312 - Homes for the Elderly

Loan Approval Date

9/23/2002

Loan Approval Gross Amount

$261,500

Loan Approval from the SBA

Of the total $261,500 loan amount, the SBA guaranteed $196,125.

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 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

Related Links:

Advice on Getting a Small Business Loan

Where to Get an SBA Loan in Temecula, California

Getting a Business Loan in California