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December 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Luis Obispo, Business Loans > First Bank - San Luis Obispo A D San Luis Obispo Business Loans > Lawyers Loan | ||||
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Business Loan from First Bank - San Luis Obispo A D
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Business Loan from First Bank - San Luis Obispo A D Given to Lawyers CompanyAn SBA loan from First Bank - San Luis Obispo A D typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Paso Robles (corporate Name El, California business owner got a $180,000 loan. This small firm knew how to go about getting a business bank loan. Based in Paso Robles (corporate Name El, California, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was First Bank - San Luis Obispo A D, based in San Luis Obispo, California. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender FIRST BANK - SAN LUIS OBISPO A D Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 3/22/2005 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. 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 12 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 12 existing jobs. Getting an SBA Loan For Your Business If you need money to start business in Paso Robles (corporate Name El CA, you ought to talk with a local Paso Robles (corporate Name El SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Paso Robles (corporate Name El businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $180,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: The Friends and Family Network Small Business Banks in San Luis Obispo, California
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