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April 27, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Specialty Trade Contractors Loan | ||||
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We Needed an SBA Loan in Las Vegas, Nevada and We Got One!
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Specialty Trade Contractors Commercial LoansWith these commercial loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $1,846,600 was given to a Nevada entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $1,846,600 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $1,384,950 of this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALTY TRADE CONTRACTORS SBA Loan Lender TEMECULA VALLEY BANK 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 238990 - Specialty Trade Contractors Loan Approval Date 5/5/2006 Loan Approval Gross Amount $1,846,600 Loan Approval from the SBA Of the total $1,846,600 loan amount, the SBA guaranteed $1,384,950. 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 60 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 64 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Las Vegas 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: SBA 7A Banks in Temecula, California Getting an SBA Loan in California
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