Chula Vista, California Bank Lends Money to Advertising Company in San Diego, California

Want to talk with a Chula Vista, California bank about an SBA loan? Here's one California business loan, issued by a Chula Vista bank, that was approved by the SBA.

Applying for an SBA loan with First Bank worked out well for our friends at one local business in San Diego, California. The business was able to get an SBA loan for $15,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: ADVERTISING
SAN DIEGO, CA 92121

SBA Loan Lender

FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7319 - Advertising

Loan Approval Date

3/31/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $15,000 loan. Remember, where there is a will, there is a way!

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.

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