San Luis Obispo, California Bank Lends Money to Pharmacies And Drug Stores Company in Santa Maria, California
Get business loans from a San Luis Obispo, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Mission Community Bank is a San Luis Obispo, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: PHARMACIES AND DRUG STORES
SANTA MARIA, CA 93458
SBA Loan Lender
MISSION COMMUNITY BANK
581 HIGUERA ST
SAN LUIS OBISPO, CA 93401
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.
NAICS Code
446110 - Pharmacies and Drug Stores
Loan Approval Date
5/24/2005
Loan Approval Gross Amount
$625,000
Loan Approval from the SBA
Of the total $625,000 loan amount, the SBA guaranteed $468,750.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Santa Maria CA, you ought to talk with a local Santa Maria SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Maria businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Mission Community Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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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