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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Corona, Business Loans > Vineyard Bank Corona Business Loans > Intermediation Loan | ||||
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Requirements for Small Business Owners On Getting a Loan
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Borrowing Money for IntermediationLooking for small business loans for intermediation? Try the SBA. This $1,114,000 intermediation loan was issued by a California bank. Getting a small business loan in Whittier, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Vineyard Bank, operating out of Corona, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: INTERMEDIATION SBA Loan Lender VINEYARD BANK This lender provides SBA small business loans 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 523910 - Intermediation Loan Approval Date 10/26/2007 Loan Approval Gross Amount $1,114,000 Loan Approval from the SBA Of the total $1,114,000 loan amount, the SBA guaranteed $835,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 generate 13 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source 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: SBA 7A Banks in Corona, California Browse All Business Loan Sources for California
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