Getting an SBA Loan for Business Support Services
With these SBA loans for business support services, the SBA guarantees the lender that the loan will be repaid. This business support services loan for $68,000 was given to a California entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sunland, California was able to borrow $68,000 from Vineyard Bank. The SBA made the loan possible by guaranteeing $57,800 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
SUNLAND, CA 91040
SBA Loan Lender
VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879
This lender provides SBA commercial loans 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
561499 - Business Support Services
Loan Approval Date
5/13/2004
Loan Approval Gross Amount
$68,000
Loan Approval from the SBA
Of the total $68,000 loan amount, the SBA guaranteed $57,800.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Sunland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Getting a Small Business Loan
Who Lends Money to Small Businesses in Corona, California
SBA Lenders in California