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November 21, 2024  
 
 
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Raising Money in Santa Ana, California With SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Dental Laboratories

Looking for loans for dental laboratories? Talk to a banker who works with the SBA. This $574,200 dental laboratories loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Ana, California was able to borrow $574,200 from South Cnty Bank. The SBA made the loan possible by guaranteeing $430,650 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTAL LABORATORIES
SANTA ANA, CA 92705

SBA Loan Lender

SOUTH CNTY BANK
22342 AVENIDA EMPRESA, STE A1
RANCHO SANTA MARGARIT, CA 92688

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339116 - Dental Laboratories

Loan Approval Date

8/27/2004

Loan Approval Gross Amount

$574,200

Loan Approval from the SBA

Of the total $574,200 loan amount, the SBA guaranteed $430,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 53 employees. The SBA loan documents indicated that the loan would help generate 97 new jobs and retain 53 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like South Cnty Bank and they will explain how you can get an SBA loan for your company.

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

Small Business Banks in Rancho Santa Margarit, California

Getting an SBA Loan in California