San Marcos, California Entrepreneur Gets an SBA Loan
CaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan.
You can learn something about getting a small business loan in San Marcos, California by studying this loan to a local business, made back in 2000. Banks like Pacific Western Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMUNICATIONS EQUIPMENT
SAN MARCOS, CA 92069
SBA Loan Lender
PACIFIC WESTERN BANK
16495 BERNARDO CENTER DR
SAN DIEGO, CA 92128
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.
SIC Code
3669 - Communications Equipment
NAICS Code
334290 - Communications Equipment Manufacturing
Loan Approval Date
9/26/2000
Loan Approval Gross Amount
$57,000
Loan Approval from the SBA
Of the total $57,000 loan amount, the SBA guaranteed $42,750.
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 9 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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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