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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Newport Beach, Business Loans > Orange County Business Bank Newport Beach Business Loans > Foundation, Structure, And Building Exterior Contractors Loan | ||||
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SBA Lender Orange California
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Raising Money for Foundation, Structure, and Building Exterior ContractorsLooking for bank loans for foundation, structure, and building exterior contractors? The SBA may be the answer. This $250,000 foundation, structure, and building exterior contractors loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Orange County Business Bank, out of Newport Beach, California. The loan was granted and they received $250,000 to help grow their Orange, California business. SBA Loan Borrower COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS SBA Loan Lender ORANGE COUNTY BUSINESS BANK 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 238190 - Foundation, Structure, and Building Exterior Contractors Loan Approval Date 6/28/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 56 employees. The SBA loan application for the borrower indicated that the loan would help retain 56 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Orange County Business Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Newport Beach, California
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