SBA Loan from Santa Lucia Bank Helps Engineering Services Company
Santa Lucia Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Santa Lucia Bank, out of Atascadero, California. The loan was granted and they received $200,000 to help grow their Santa Maria, California business.
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
SANTA MARIA, CA 93454
SBA Loan Lender
SANTA LUCIA BANK
7480 EL CAMINO REAL
ATASCADERO, CA 93422
This lender processed this loan for a small business 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
541330 - Engineering Services
Loan Approval Date
11/16/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 18 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Santa Maria 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.
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SBA Approved Banks in Atascadero, California
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