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May 2, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Boat Dealers Loan | ||||
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California Bank SBA Loans
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Sacramento, California Lender Lends Money to Boat Dealers CompanyWant to talk with a Sacramento, California bank about an SBA loan? Here's one Florida business loan, issued by a Sacramento bank, that was approved by the SBA. Applying for an SBA loan with California Bank & Trust worked out well for our friends at one local company in Jacksonville, Florida. They got an SBA loan for $289,700. Way to go! SBA Loan Borrower COMPANY TYPE: BOAT DEALERS SBA Loan Lender CALIFORNIA BANK & TRUST Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441222 - Boat Dealers Loan Approval Date 1/19/2006 Loan Approval Gross Amount $289,700 Loan Approval from the SBA Of the total $289,700 loan amount, the SBA guaranteed $217,275. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - Getting Venture Capital SBA Participating Banks in Sacramento, California
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