San Diego, California Bank Gives SBA Loan to Elementary And Secondary Schools Company

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

Applying for an SBA loan with Pacific Western Bank worked out well for our friends at one local firm in West Hollywood, California. They received an SBA loan for $114,750. Awesome!

SBA Loan Borrower

COMPANY TYPE: ELEMENTARY AND SECONDARY SCHOOLS
WEST HOLLYWOOD, CA 90069

SBA Loan Lender

PACIFIC WESTERN BANK
4365 EXECUTIVE DR, STE 125
SAN DIEGO, CA 94301

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8211 - Elementary and Secondary Schools

NAICS Code

611110 - Elementary and Secondary Schools

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$114,750

Loan Approval from the SBA

Of the total $114,750 loan amount, the SBA guaranteed $86,063.

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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are raising money in West Hollywood CA, you ought to talk with a local West Hollywood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Hollywood businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Western Bank 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.

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