Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Rabobank, National Association

 

 
Loan Census SBA Loan Info

Rabobank, National Association SBA Loan to Solid Waste Collection Company

An SBA loan from Rabobank, National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lemoore, California business owner got a $160,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Rabobank, National Association, out of El Centro, California. The loan was granted and they received $160,000 to help grow their Lemoore, California business.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
LEMOORE, CA 93245

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1498 MAIN ST
EL CENTRO, CA 92243

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

562111 - Solid Waste Collection

Loan Approval Date

10/11/2006

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

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.

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