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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Monterey, Business Loans > Monterey County Bank Monterey Business Loans > Business Services Loan | ||||
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Monterey, California SBA Banks
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Monterey, California Lender Lends Money to Business Services CompanyWant to talk with a Monterey, California bank about a business loan? Here's one California business loan, issued by a Monterey bank, that was approved by the SBA. Applying for an SBA loan with Monterey County Bank worked out well for our friends at one local business in Santa Cruz, California. The business was able to get an SBA loan for $260,000. Sweet! SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender MONTEREY COUNTY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services Loan Approval Date 1/5/2000 Loan Approval Gross Amount $260,000 Loan Approval from the SBA Of the total $260,000 loan amount, the SBA guaranteed $195,000. 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 7 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Find an SBA Lender in Monterey, California
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