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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Carlsbad, Business Loans > Pacific Western Bank Carlsbad Business Loans > Residential Care Loan | ||||
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California Bank SBA Loans
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Pacific Western Bank SBA Loan to Residential Care CompanyWant a California small business loan? Here's one California business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vista, California was able to borrow $305,200 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $228,900 of this California small business loan. SBA Loan Borrower COMPANY TYPE: RESIDENTIAL CARE SBA Loan Lender PACIFIC WESTERN BANK This commercial loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8361 - Residential Care Loan Approval Date 5/9/2000 Loan Approval Gross Amount $305,200 Loan Approval from the SBA Of the total $305,200 loan amount, the SBA guaranteed $228,900. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks in Carlsbad, California SBA Participating Banks in California
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