Get an SBA Loan for General Rental Centers

With these bank loans for general rental centers, the SBA guarantees the lender that the loan will be repaid. This general rental centers loan for $459,000 was given to a California entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tarzana, California was able to borrow $459,000 from Sunrise Bank Of Arizona. The SBA made the loan possible by guaranteeing $344,250 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL RENTAL CENTERS
TARZANA, CA 91356

SBA Loan Lender

SUNRISE BANK OF ARIZONA
12707 HIGH BLUFF DR, 2ND FL
SAN DIEGO, CA 92130

This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532310 - General Rental Centers

Loan Approval Date

8/18/2003

Loan Approval Gross Amount

$459,000

Loan Approval from the SBA

Of the total $459,000 loan amount, the SBA guaranteed $344,250.

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 2 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Direct Public Offerings

Banks in San Diego, California

California SBA Bank Lenders