Raising Money for Nonscheduled Chartered Passenger Air Transportation
Looking for bank loans for nonscheduled chartered passenger air transportation? The SBA may be the answer. This $185,000 nonscheduled chartered passenger air transportation loan was issued by a California bank.
Getting a small business loan in San Diego, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Rancho Santa Fe, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: NONSCHEDULED CHARTERED PASSENGER AIR TRANSPORTATION
SAN DIEGO, CA 92123
SBA Loan Lender
PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
481211 - Nonscheduled Chartered Passenger Air Transportation
Loan Approval Date
12/1/2004
Loan Approval Gross Amount
$185,000
Loan Approval from the SBA
Of the total $185,000 loan amount, the SBA guaranteed $92,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 20 employees. The loan application indicated that the loan would help retain 15 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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SBA California Lenders