Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Beverly Hills, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Beverly Hills, California Bank to Get an SBA Loan

Want to talk with a Beverly Hills, California bank about a business loan? Here's one California business loan, issued by a Beverly Hills bank, that was approved by the SBA.

Applying for an SBA loan with Excel National Bank worked out well for our friends at one local firm in Santa Ana, California. They got an SBA loan for $115,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LAWYERS
SANTA ANA, CA 92705

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541110 - Lawyers

Loan Approval Date

12/27/2006

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $57,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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SBA Participating Banks in Beverly Hills, California

SBA Lenders in California