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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Vista, Business Loans > First National Bank - Southern Calif Vista Business Loans > Commercial And Institutional Building Construction Loan | ||||
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Vista, California SBA Banks
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Entrepreneur Works With Vista, California Bank to Get an SBA LoanA Vista, California business loan can be yours. Learn how a company got a $461,800 business loan from this California bank. This loan to an entrepreneur is a good example of an SBA loan. First National Bank - Southern Calif made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender FIRST NATIONAL BANK - SOUTHERN CALIF SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 236220 - Commercial and Institutional Building Construction Loan Approval Date 12/6/2004 Loan Approval Gross Amount $461,800 Loan Approval from the SBA Of the total $461,800 loan amount, the SBA guaranteed $346,350. 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 13 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank - Southern Calif 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. Related Links: Obtaining Funding - How to Borrow Money SBA Approved Banks in Vista, California
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