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April 16, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Chico, Business Loans > Butte Community Bank Chico Business Loans > Nursing And Personal Care Facilities, N.E.C Loan | ||||
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California Bank SBA Loans
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Chico, California Business Gets SBA-Guaranteed Funding from Butte Community BankButte Community Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Butte Community Bank, out of Chico, California. The loan was granted and they received $139,100 to help grow their Chico, California business. SBA Loan Borrower COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C SBA Loan Lender BUTTE COMMUNITY BANK This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a thorough understanding of SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8059 - Nursing and Personal Care Facilities, N.E.C Loan Approval Date 6/27/2000 Loan Approval Gross Amount $139,100 Loan Approval from the SBA Of the total $139,100 loan amount, the SBA guaranteed $104,325. 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 3 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $139,100 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best Banks for Small Business in Chico, California
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