Chula Vista, California Bank Lends Money to Vocational Schools Company in Santee, California

Get small business loans from a Chula Vista, 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.

First Bank is a Chula Vista, 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: VOCATIONAL SCHOOLS
SANTEE, CA 92071

SBA Loan Lender

FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910

This SBA small business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8249 - Vocational Schools

Loan Approval Date

3/7/2000

Loan Approval Gross Amount

$344,000

Loan Approval from the SBA

Of the total $344,000 loan amount, the SBA guaranteed $258,000.

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 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

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

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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