Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Raising Money in San Ramon, California With SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Farm Labor Contractors and Crew Leaders

With these commercial loans for farm labor contractors and crew leaders, the SBA guarantees the lender that the loan will be repaid. This farm labor contractors and crew leaders loan for $35,000 was given to a California entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Ramon, California was able to borrow $35,000 from Citibank. The SBA made the loan possible by guaranteeing $17,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FARM LABOR CONTRACTORS AND CREW LEADERS
SAN RAMON, CA 94105

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

0761 - Farm Labor Contractors and Crew Leaders

NAICS Code

115115 - Farm Labor Contractors and Crew Leaders

Loan Approval Date

8/10/2000

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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:

Bank Credit Lines

SBA 7A Banks in San Francisco, California

SBA Lenders in California