Vineyard Bank SBA Loan to Exterminating And Pest Control Services Company
An SBA loan from Vineyard Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Diego, California business owner got a $150,000 loan.
Getting a small business loan in San Diego, California was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Vineyard Bank, operating out of Corona, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES
SAN DIEGO, CA 92111
SBA Loan Lender
VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561710 - Exterminating and Pest Control Services
Loan Approval Date
4/13/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Vineyard Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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