Pacific State Bank SBA Loan to Specialty Hospitals Company
Pacific State Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
Getting a small business loan in Stockton, California was an essential business goal for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pacific State Bank, operating out of Stockton, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY HOSPITALS
STOCKTON, CA 95207
SBA Loan Lender
PACIFIC STATE BANK
1889 W MARCH LN
STOCKTON, CA 95207
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8069 - Specialty Hospitals
NAICS Code
621498 - Outpatient Care Centers
Loan Approval Date
10/23/2000
Loan Approval Gross Amount
$455,000
Loan Approval from the SBA
Of the total $455,000 loan amount, the SBA guaranteed $341,250.
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 14 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Related Links:
Accountant's Role in Securing Financing
Who Lends Money to Small Businesses in Stockton, California
SBA California Banks