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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Umpqua Bank Roseville Business Loans > Computer Integrated Systems Design Loan | ||||
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SBA Loan from Umpqua Bank
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Eureka, California Business Gets SBA-Guaranteed Funding from Umpqua BankUmpqua Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Eureka, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Umpqua Bank, based in Roseville, California. SBA Loan Borrower COMPANY TYPE: COMPUTER INTEGRATED SYSTEMS DESIGN SBA Loan Lender UMPQUA BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7373 - Computer Integrated Systems Design NAICS Code 541512 - Computer Systems Design Services Loan Approval Date 4/4/2000 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 11 existing jobs. Next Steps for Getting an SBA Loan If you need money to start business in Eureka CA, you ought to talk with a local Eureka SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eureka businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Role of Business Plan When Raising Money SBA 7A Banks for Roseville, California Loans Getting an SBA Loan in California
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