Entrepreneur Works With Yuba City, California Bank to Get an SBA Loan
Want to talk with a Yuba City, California bank about an SBA loan? Here's one California business loan, issued by a Yuba City bank, that was approved by the SBA.
Applying for an SBA loan with Sutter Community Bank worked out well for our friends at one local firm in West Sacramento, California. They got an SBA loan for $840,000. Nice!
SBA Loan Borrower
COMPANY TYPE: MEDICAL, DENTAL AND HOSPITAL EQUIPMENT
WEST SACRAMENTO, CA 95691
SBA Loan Lender
SUTTER COMMUNITY BANK
700 PLUMAS ST
YUBA CITY, CA 95991
This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
5047 - Medical, Dental and Hospital Equipment
423450 - Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $840,000 loan amount, the SBA guaranteed $630,000.
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 21 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sutter Community 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.
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Where to Get an SBA Loan in Yuba City, California
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