Business Loan from First Private Bank & Trust Given to Interior Design Services Company
An SBA loan from First Private Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Rialto, California business owner got a $87,500 loan.
This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Private Bank & Trust, out of Encino, California. The loan was granted and they received $87,500 to help grow their Rialto, California business.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
RIALTO, CA 92376
SBA Loan Lender
FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541410 - Interior Design Services
Loan Approval Date
10/4/2004
Loan Approval Gross Amount
$87,500
Loan Approval from the SBA
Of the total $87,500 loan amount, the SBA guaranteed $74,375.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
The Friends and Family Network
Best Encino, California Banks for Small Business
Where to Get an SBA Loan California