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November 15, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Borrego Springs, Business Loans > Borrego Springs Bank Borrego Springs Business Loans > Schools And Educational Services Loan | ||||
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Borrego Springs Bank Loan
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Borrego Springs, California Lender Lends Money to Schools And Educational Services CompanyThinking about meeting with a Borrego Springs, California bank about a business loan? Here's one Nevada business loan, issued by a Borrego Springs bank, that was approved by the SBA. Applying for an SBA loan with Borrego Springs Bank worked out well for our friends at one local firm in Reno, Nevada. They got an SBA loan for $281,000. Great job! SBA Loan Borrower COMPANY TYPE: SCHOOLS AND EDUCATIONAL SERVICES SBA Loan Lender BORREGO SPRINGS BANK This SBA loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8299 - Schools and Educational Services Loan Approval Date 5/17/2000 Loan Approval Gross Amount $281,000 Loan Approval from the SBA Of the total $281,000 loan amount, the SBA guaranteed $210,750. 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. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in Borrego Springs, California SBA Participating Banks in California
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