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San Diego Bank Loan

 

 
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San Diego, California Bank Gives SBA Loan to Fabulous Diamond's Airpark

Get business loans from a San Diego, California bank that knows how to treat small business owners right! If Fabulous Diamond's Airpark can get a loan, there's no reason you can't do it too.

California Bank & Trust is a San Diego, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Fabulous Diamond's Airpark a Florida company.

SBA Loan Borrower

Fabulous Diamond's Airpark
5785 NW 7th St
Miami, FL 33126

SBA Loan Lender

CALIFORNIA BANK & TRUST
11622 EL CAMINO REAL, STE 200
SAN DIEGO, CA 92130

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

6/12/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower, Fabulous Diamond's Airpark, 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 23 employees. The SBA loan documents indicated that the loan would help retain 23 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like California Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

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

Related Links:

The Friends and Family Network

Small Bank Loans in San Diego, California

Where to Get an SBA Loan California

 

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