Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Manhattan Beach, California SBA Lenders

 

 
Loan Census SBA Loan Info

Manhattan Beach, California Lender Lends Money to Offices And Clinics Of Dentists Company

Thinking about meeting with a Manhattan Beach, California bank about an SBA loan? Here's one California business loan, issued by a Manhattan Beach bank, that was approved by the SBA.

Applying for an SBA loan with Beach Business Bank worked out well for our friends at one local company in Vista, California. The business was able to get an SBA loan for $1,117,200. Awesome!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
VISTA, CA 92083

SBA Loan Lender

BEACH BUSINESS BANK
1230 ROSECRANS AVE, STE 100
MANHATTAN BEACH, CA 90266

When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to provide quick 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.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

12/15/2004

Loan Approval Gross Amount

$1,117,200

Loan Approval from the SBA

Of the total $1,117,200 loan amount, the SBA guaranteed $837,900.

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 5 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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:

How to Raise Money

Where to Get an SBA Loan in Manhattan Beach, California

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