Butte Community Bank SBA Loan to No Industry Type Specified Company
Butte Community Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Magalia, California, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Butte Community Bank, based in Oroville, California.
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
MAGALIA, CA 95954
SBA Loan Lender
BUTTE COMMUNITY BANK
2227 MYERS ST
OROVILLE, CA 95965
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
339111 -
Loan Approval Date
9/12/2001
Loan Approval Gross Amount
$178,100
Loan Approval from the SBA
Of the total $178,100 loan amount, the SBA guaranteed $133,575.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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