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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Welding Repair Loan | ||||
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Corona SBA Loans
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Bank Of The West Gives Bank Loan to Welding Repair CompanyCaliforniaSmall business loans are available to California small business owners through the SBA. In this case, a California bank provides the loan. You can learn something about getting a small business loan in Corona, California by studying this loan to a local company, made back in 2000. Banks like Bank Of The West may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: WELDING REPAIR SBA Loan Lender BANK OF THE WEST 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. SIC Code 7692 - Welding Repair NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 7/31/2000 Loan Approval Gross Amount $505,500 Loan Approval from the SBA Of the total $505,500 loan amount, the SBA guaranteed $379,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Dealing With Venture Capitalists
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