Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Banks in Santa Barbara, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

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

Want to talk with a Santa Barbara, California bank about an SBA loan? Here's one California business loan, issued by a Santa Barbara bank, that was approved by the SBA.

Applying for an SBA loan with Pacific Cap. Bank worked out well for our friends at one local business in San Juan Bautista, California. The business was able to get an SBA loan for $50,000. Nice!

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
San Juan Bautista, CA 95045

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722110 - Full-Service Restaurants

Loan Approval Date

7/25/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in San Juan Bautista CA, you ought to talk with a local San Juan Bautista SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Juan Bautista businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pacific Cap. Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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