Loans for Lawyers
With these loans for lawyers, the SBA guarantees the lender that the loan will be repaid. This lawyers loan for $184,800 was given to a California entrepreneur in 2004.
Getting a small business loan in Santa Maria, California was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Rabobank, National Association, operating out of Arroyo Grande, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: LAWYERS
SANTA MARIA, CA 93454
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
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
541110 - Lawyers
Loan Approval Date
7/14/2004
Loan Approval Gross Amount
$184,800
Loan Approval from the SBA
Of the total $184,800 loan amount, the SBA guaranteed $138,600.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Small Business Credit Cards
SBA Participating Banks in Arroyo Grande, California
California SBA Banks