Temecula, California Business Gets SBA-Guaranteed Funding from Americas United Bank

An SBA loan from Americas United Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Temecula, California business owner got a $419,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Temecula, California, they applied for and received an SBA-guaranteed loan in 2008. The lending bank was Americas United Bank, based in Glendale, California.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
TEMECULA, CA 92590

SBA Loan Lender

AMERICAS UNITED BANK
801 N BRAND BLVD, STE 1150
GLENDALE, CA 91203

This bank 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.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

1/16/2008

Loan Approval Gross Amount

$419,000

Loan Approval from the SBA

Of the total $419,000 loan amount, the SBA guaranteed $314,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Americas United Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Americas United Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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