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May 5, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Clovis, Business Loans > Central Valley Community Bank Clovis Business Loans > Recreational Vehicle Dealers Loan | ||||
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SBA 7A Banks for Clovis, California Small Businesses
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Local Business Gets a California Small Business LoanLooking to get a California business loan? This California entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners. By giving the right information to Central Valley Community Bank, this Clovis, California business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: RECREATIONAL VEHICLE DEALERS SBA Loan Lender CENTRAL VALLEY COMMUNITY BANK 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 SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441210 - Recreational Vehicle Dealers Loan Approval Date 1/18/2001 Loan Approval Gross Amount $168,000 Loan Approval from the SBA Of the total $168,000 loan amount, the SBA guaranteed $126,000. 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 2 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - Getting Venture Capital Best Clovis, California Banks for Small Business Find an SBA Lender in California
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