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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Gilroy, Business Loans > South Valley National Bank A Divis Gilroy Business Loans > Parking Lots And Garages Loan | ||||
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Good Banks for Monterey Entrepreneurs
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Parking Lots and Garages Business LoansLooking for business loans for parking lots and garages? Try the SBA. This $50,000 parking lots and garages loan was issued by a California bank. Getting a small business loan in Monterey, California was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from South Valley National Bank A Divis, operating out of Gilroy, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: PARKING LOTS AND GARAGES SBA Loan Lender SOUTH VALLEY NATIONAL BANK A DIVIS This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812930 - Parking Lots and Garages Loan Approval Date 1/18/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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: Where to Get an SBA Loan in Gilroy, California
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