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April 19, 2024  
 
 
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Marysville, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Marysville, California Bank to Get an SBA Loan

Want to talk with a Marysville, California bank about a business loan? Here's one California business loan, issued by a Marysville bank, that was approved by the SBA.

Applying for an SBA loan with Gold Country Bank worked out well for our friends at one local company in Chico, California. They received an SBA loan for $600,000. Great job!

SBA Loan Borrower

COMPANY TYPE: ALUMINUM EXTRUDED PRODUCTS
CHICO, CA 95973

SBA Loan Lender

GOLD COUNTRY BANK
519 D ST
MARYSVILLE, CA 95901

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3354 - Aluminum Extruded Products

NAICS Code

331316 - Aluminum Extruded Product Manufacturing

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Chico or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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