Small Business Loans for Health and Personal Care Stores

With these small business loans for health and personal care stores, the SBA guarantees the lender that the loan will be repaid. This health and personal care stores loan for $813,500 was given to a California entrepreneur in 2004.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Private Bank & Trust, out of Encino, California. The loan was granted and they received $813,500 to help grow their Woodland Hills, California business.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
WOODLAND HILLS, CA 91367

SBA Loan Lender

FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

4/12/2004

Loan Approval Gross Amount

$813,500

Loan Approval from the SBA

Of the total $813,500 loan amount, the SBA guaranteed $610,125.

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 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

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

We can help you find the best banks for small businesses in Woodland Hills or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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