Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Banks in Truckee, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Truckee, California Bank to Get an SBA Loan

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

Bank Of The West is a Truckee, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Mexico company.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
ALBUQUERQUE, NM 87110

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

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

541310 - Architectural Services

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$279,700

Loan Approval from the SBA

Of the total $279,700 loan amount, the SBA guaranteed $209,775.

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 11 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 13 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West 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 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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Where to Get an SBA Loan in Truckee, California

Where to Get an SBA Loan California