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April 25, 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 > Tile, Marble, Terrazzo, And Mosaic Contractors Loan | ||||
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California Bank SBA Loans
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Cameron Park, California Bank Gives SBA Loan to Tile, Marble, Terrazzo, And Mosaic Contractors CompanyGet to know Cameron Park, California banks that specialize in SBA loans and know how to work with entrepreneurs. Umpqua Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Shingle Springs, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Umpqua Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: TILE, MARBLE, TERRAZZO, AND MOSAIC CONTRACTORS SBA Loan Lender UMPQUA BANK This lender processed this SBA 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. NAICS Code 235430 - Tile, Marble, Terrazzo, and Mosaic Contractors Loan Approval Date 5/18/2001 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $40,000. 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 SBA loan documents indicated that the loan would help retain 13 existing jobs. Getting an SBA Loan For Your 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Umpqua Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Small Business Banks in Cameron Park, California
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