Where to Get Capital for Personal Services

With these small business loans for personal services, the SBA guarantees the lender that the loan will be repaid. This personal services loan for $639,500 was given to a California entrepreneur in 2003.

This small firm knew how to go about getting a business bank loan. Based in Solana Beach, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was 1st Pacific Bank Of California, based in San Diego, California.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
SOLANA BEACH, CA 92075

SBA Loan Lender

1ST PACIFIC BANK OF CALIFORNIA
9333 GENESEE AVE, STE 300
SAN DIEGO, CA 92121

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

4/30/2003

Loan Approval Gross Amount

$639,500

Loan Approval from the SBA

Of the total $639,500 loan amount, the SBA guaranteed $479,625.

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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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