Pacific Cap. Bank Gives Small Business Loan to Photographic And Photocopying Equipment Manufacturing Company

Small business loans in California are are few and far betweeen these days. We take a look at one California small business loan, provided by a California bank, that was approved by the SBA.

Getting a small business loan in Ventura, California was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pacific Cap. Bank. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHIC AND PHOTOCOPYING EQUIPMENT MANUFACTURING
Ventura, CA 93003

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

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

333315 - Photographic and Photocopying Equipment Manufacturing

Loan Approval Date

12/4/2007

Loan Approval Gross Amount

$212,400

Loan Approval from the SBA

Of the total $212,400 loan amount, the SBA guaranteed $159,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Obtaining Funding - Getting Venture Capital

SBA 7A Banks for Santa Barbara, California Loans

SBA California Lenders