Entrepreneur Works With Rancho Santa Fe, California Bank to Get an SBA Loan

Thinking about meeting with a Rancho Santa Fe, California bank about an SBA loan? Here's one California business loan, issued by a Rancho Santa Fe bank, that was approved by the SBA.

Applying for an SBA loan with Pacific Western Bank worked out well for our friends at one local firm in Santa Ysabel, California. They received an SBA loan for $100,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION EQUIPMENT MANUFACTURING
SANTA YSABEL, CA 92071

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

336999 - Transportation Equipment Manufacturing

Loan Approval Date

6/27/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, if it to be, it is up to me!

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:

Equity Financing

Small Business Banks in Rancho Santa Fe, California

SBA Lenders in California