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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Victorville, Business Loans > East West Bank, A Division Of Victorville Business Loans > Insurance Agencies And Brokerages Loan | ||||
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East West Bank, A Division Of
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Business Loan from East West Bank, A Division Of Given to Insurance Agencies And Brokerages CompanyAn SBA loan from East West Bank, A Division Of typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Victorville, California business owner got a $691,400 loan. This business knew how to go about getting a business bank loan. Based in Victorville, California, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was East West Bank, A Division Of, based in Victorville, California. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES SBA Loan Lender EAST WEST BANK, A DIVISION OF This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 4/26/2001 Loan Approval Gross Amount $691,400 Loan Approval from the SBA Of the total $691,400 loan amount, the SBA guaranteed $518,550. 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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like East West Bank, A Division Of are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 Victorville, California Getting an SBA Loan in California
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