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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cameron Park, Business Loans > Umpqua Bank Cameron Park Business Loans > Jewelry Stores Loan | ||||
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Who Can Get a Business Loan in Pollock Pines, California?
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Jewelry Stores Bank LoansWith these bank loans for jewelry stores, the SBA guarantees the lender that the loan will be repaid. This jewelry stores loan for $100,000 was given to a California entrepreneur in 2001. This company knew how to go about getting a business bank loan. Based in Pollock Pines, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Umpqua Bank, based in Cameron Park, California. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender UMPQUA BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448310 - Jewelry Stores Loan Approval Date 5/16/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Umpqua 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: Best Banks in Cameron Park, California Browse All Business Loan Sources for California
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