Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks That Lend to Clovis Small Businesses

 

 
Loan Census SBA Loan Info

Central Valley Community Bank Gives Small Business Loan to Concrete Contractors Company

Want a California small business loan? This California entrepreneur got a small business loan, provided by a California bank that works with the SBA to help small business owners.

This business, based in Clovis, California, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Central Valley Community Bank. We've got the inside scoop on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
CLOVIS, CA 93611

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
600 POLLASKY AVE
CLOVIS, CA 93612

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235710 - Concrete Contractors

Loan Approval Date

10/16/2002

Loan Approval Gross Amount

$25,700

Loan Approval from the SBA

Of the total $25,700 loan amount, the SBA guaranteed $21,845.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Clovis 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.

Related Links:

Equity Financing

SBA Banks in Clovis, California

California SBA 7A Lenders