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November 14, 2024  
 
 
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Raising Money in San Marcos, California With SBA Loans

 

 
Loan Census SBA Loan Info

Special Trade Contractors Small Business Loans

Looking for small business loans for special trade contractors? Talk to a banker who works with the SBA. This $70,000 special trade contractors loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in San Marcos, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Pacific Western Bank, based in San Diego, California.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
SAN MARCOS, CA 92069

SBA Loan Lender

PACIFIC WESTERN BANK
16495 BERNARDO CENTER DR
SAN DIEGO, CA 92128

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

235990 - Special Trade Contractors

Loan Approval Date

12/27/2001

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $52,500.

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 11 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 11 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in San Marcos or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks for San Diego, California Loans

SBA Lenders in California