Rancho Santa Fe, California Bank Lends Money to Electronic Parts And Equipment Wholesalers Company in Pomona, California

Get to know Rancho Santa Fe, California banks that specialize in small business loans and know how to work with entrepreneurs. Pacific Western Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Pomona, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Pacific Western Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC PARTS AND EQUIPMENT WHOLESALERS
POMONA, CA 91768

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

421690 - Electronic Parts and Equipment Wholesalers

Loan Approval Date

5/6/2004

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

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 30 employees. This SBA loan request indicated that the loan would help retain 30 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Western Bank 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:

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SBA Participating Banks in Rancho Santa Fe, California

SBA Lenders in California