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April 24, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Rancho Cordova, Business Loans > Bank - America California Rancho Cordova Business Loans > Nondurable Goods Loan | ||||
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Tips for Entrepreneurs On Getting a Loan
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Bank Loans for Nondurable Goods WholesalersWith these bank loans for nondurable goods wholesalers, the SBA guarantees the lender that the loan will be repaid. This nondurable goods wholesalers loan for $179,400 was given to a Texas entrepreneur in 2001. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank - America California, out of Rancho Cordova, California. The loan was granted and they received $179,400 to help grow their Dallas, Texas business. SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS SBA Loan Lender BANK - AMERICA CALIFORNIA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5199 - Nondurable Goods NAICS Code 422990 - Nondurable Goods Wholesalers Loan Approval Date 6/29/2001 Loan Approval Gross Amount $179,400 Loan Approval from the SBA Of the total $179,400 loan amount, the SBA guaranteed $134,550. 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 4 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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. Related Links: SBA 7A Banks in Rancho Cordova, California
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