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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Santa Maria, Business Loans > Rabobank, National Association Santa Maria Business Loans > Ornamental Floriculture Nursery Products Loan | ||||
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Santa Maria, California SBA Lenders
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Santa Maria, California Bank Lends Money to Ornamental Floriculture Nursery Products Company in Arroyo Grande, CaliforniaGet business loans from a Santa Maria, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Rabobank, National Association is a Santa Maria, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company. SBA Loan Borrower COMPANY TYPE: ORNAMENTAL FLORICULTURE NURSERY PRODUCTS SBA Loan Lender RABOBANK, NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0181 - Ornamental Floriculture Nursery Products Loan Approval Date 6/6/2000 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. 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 only one employee. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: SBA 7A Banks in Santa Maria, California
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