Temporary Help Services Loans
With these loans for temporary help services, the SBA guarantees the lender that the loan will be repaid. This temporary help services loan for $325,000 was given to a California entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Temecula, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Pacific Western Bank, based in Escondido, California.
SBA Loan Borrower
COMPANY TYPE: TEMPORARY HELP SERVICES
TEMECULA, CA 92590
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
When this loan was made, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to offer fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561320 - Temporary Help Services
Loan Approval Date
11/8/2001
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
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 9 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Temecula 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:
Obtaining Funding - Friends and Family
SBA 7A Banks for Escondido, California Loans
SBA California Banks