How to Get a Loan for Building Finishing Contractors
Looking for business loans for building finishing contractors? The SBA may be the answer. This $25,000 building finishing contractors loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Paso Robles (corporate Name El, California was able to borrow $25,000 from Heritage Oaks Bank. The SBA made the loan possible by guaranteeing $12,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING FINISHING CONTRACTORS
PASO ROBLES (CORPORATE NAME EL, CA 93446
SBA Loan Lender
HERITAGE OAKS BANK
545 12TH ST
PASO ROBLES, CA 93446
This debt financing 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
238390 - Building Finishing Contractors
Loan Approval Date
8/10/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Strategic Investors
Best Banks for Small Business in Paso Robles, California
SBA Participating Banks in California