California Business Loan Issued to Services To Buildings And Dwellings Company
CaliforniaSBA loans are available to California entrepreneurs through the SBA. In this case, a California bank provides the loan.
You can learn something about getting a small business loan in San Diego, California by studying this loan to a local business, made back in 2003. Banks like Center Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
SAN DIEGO, CA 92123
SBA Loan Lender
CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010
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
561790 - Services to Buildings and Dwellings
Loan Approval Date
11/7/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 52 employees. The SBA loan application for the borrower indicated that the loan would help retain 52 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Accountant's Role in Securing Financing
SBA Participating Banks in Los Angeles, California
SBA Lenders in California