Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Elk Grove, California and We Got One!

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Administrative Management and General Management Consulting Services

Looking for business loans for administrative management and general management consulting services? Talk to a banker who works with the SBA. This $476,000 administrative management and general management consulting services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elk Grove, California was able to borrow $476,000 from Farmers & Merchants Bank - Cent.. The SBA made the loan possible by guaranteeing $357,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
ELK GROVE, CA 95758

SBA Loan Lender

FARMERS & MERCHANTS BANK - CENT.
8788 ELK GROVE BLVD
ELK GROVE, CA 95624

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

6/21/2001

Loan Approval Gross Amount

$476,000

Loan Approval from the SBA

Of the total $476,000 loan amount, the SBA guaranteed $357,000.

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 115 employees. This SBA loan request indicated that the loan would help retain 115 existing jobs.

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

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Participating Banks in Elk Grove, California

California SBA 7A Lenders