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December 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Hotels And Motels Loan | ||||
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California SBA Lenders
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Temecula, California Bank Gives SBA Loan to Hotels And Motels CompanyWant to talk with a Temecula, California bank about a small business loan? Here's one Texas business loan, issued by a Temecula bank, that was approved by the SBA. Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local company in Three Rivers, Texas. They received an SBA loan for $367,000. Great job! SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender TEMECULA VALLEY BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 6/28/2007 Loan Approval Gross Amount $367,000 Loan Approval from the SBA Of the total $367,000 loan amount, the SBA guaranteed $275,250. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Where to Get an SBA Loan in Temecula, California
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