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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Huntington Beach, Business Loans > First Bank Huntington Beach Business Loans > Sheet Metal Work Loan | ||||
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California Bank SBA Loans
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First Bank SBA Loan to Sheet Metal Work CompanyWant a California business loan? Here's one California business loan that was approved by the SBA. This small business needed an SBA business loan in Temecula, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First Bank, operating out of Huntington Beach, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK SBA Loan Lender FIRST BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3444 - Sheet Metal Work Loan Approval Date 1/21/2000 Loan Approval Gross Amount $1,115,000 Loan Approval from the SBA Of the total $1,115,000 loan amount, the SBA guaranteed $749,949. 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 12 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA Participating Banks in Huntington Beach, California Find an SBA Lender in California
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