Business Loan from Temecula Valley Bank Given to Xtreme Reptiles Inc

An SBA loan from Temecula Valley Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Miami, Florida business owner got a $306,000 loan.

Xtreme Reptiles Inc received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Temecula Valley Bank, out of Temecula, California. The loan was granted and they received $306,000 to help grow their Miami, Florida business.

SBA Loan Borrower

XTREME REPTILES INC
14850 SW 136TH STREET
MIAMI, FL 33196

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

424520 - Livestock Merchant Wholesalers

Loan Approval Date

12/8/2004

Loan Approval Gross Amount

$306,000

Loan Approval from the SBA

Of the total $306,000 loan amount, the SBA guaranteed $229,500.

More Information on This SBA Loan

The borrower, Xtreme Reptiles Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to Xtreme Reptiles Inc to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

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Where to Get an SBA Loan California

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