California Business Loan Issued to Dentists Company
SBA loans in California are tough to come by these days. We take a look at one California SBA loan, provided by a California bank, that was approved by the SBA.
This company, based in West Covina, California, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Wilshire State Bank. We've got the inside scoop on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
WEST COVINA, CA 91790
SBA Loan Lender
WILSHIRE STATE BANK
3200 WILSHIRE BLVD
LOS ANGELES, CA 90010
This lender provides SBA debt financing 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
621210 - Dentists
Loan Approval Date
11/16/2001
Loan Approval Gross Amount
$562,500
Loan Approval from the SBA
Of the total $562,500 loan amount, the SBA guaranteed $421,875.
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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
This SBA loan was for $562,500. How would you spend $562,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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