Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Buena Park Businesses

 

 
Loan Census SBA Loan Info

Carpentry Contractors Small Business Loans

Looking for small business loans for carpentry contractors? An SBA loan may be just what you've been looking for. This $400,000 carpentry contractors loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Buena Park, California was able to borrow $400,000 from Internatl City Bank. The SBA made the loan possible by guaranteeing $300,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY CONTRACTORS
BUENA PARK, CA 90621

SBA Loan Lender

INTERNATL CITY BANK
249 E OCEAN BLVD
LONG BEACH, CA 90802

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

235510 - Carpentry Contractors

Loan Approval Date

3/15/2001

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

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 10 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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