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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Pleasanton, Business Loans > Valley Community Bank Pleasanton Business Loans > Amusement Arcades Loan | ||||
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Valley Community Bank
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Business Loan from Valley Community Bank Given to Amusement Arcades CompanyValley 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 received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Valley Community Bank, out of Pleasanton, California. The loan was granted and they received $266,500 to help grow their Pleasanton, California business. SBA Loan Borrower COMPANY TYPE: AMUSEMENT ARCADES SBA Loan Lender VALLEY COMMUNITY 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 713120 - Amusement Arcades Loan Approval Date 12/28/2001 Loan Approval Gross Amount $266,500 Loan Approval from the SBA Of the total $266,500 loan amount, the SBA guaranteed $199,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help retain 11 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you need seed money for 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: Obtaining Funding - How to Borrow Money Small Business Banks in Pleasanton, California Getting an SBA Loan in California
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