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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Commercial Loans for Professional, Scientific, and Technical Services

Looking for commercial loans for professional, scientific, and technical services? Talk to a banker who works with the SBA. This $100,000 professional, scientific, and technical services loan was issued by a California bank.

Getting a small business loan in San Diego, California was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from 1st Pacific Bank Of California, operating out of Solana Beach, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
SAN DIEGO, CA 92121

SBA Loan Lender

1ST PACIFIC BANK OF CALIFORNIA
937 LOMAS SANTA FE DR
SOLANA BEACH, CA 92075

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

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

12/17/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 8 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Role of Business Plan When Raising Money

Best Solana Beach, California Banks for Small Business

Where to Get an SBA Loan California