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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Heritage Bank Of Commerce San Jose Business Loans > Hotels And Motels Loan | ||||
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Greenfield SBA Loans
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California Bank Loan Issued to Hotels And Motels CompanyBusiness loans in California are tough to come by these days. We take a look at one California business loan, provided by a California bank, that was approved by the SBA. Getting a small business loan in Greenfield, California was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Heritage Bank Of Commerce. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender HERITAGE BANK OF COMMERCE This lender provides SBA small 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. NAICS Code 721110 - Hotels and Motels Loan Approval Date 3/2/2001 Loan Approval Gross Amount $1,180,000 Loan Approval from the SBA Of the total $1,180,000 loan amount, the SBA guaranteed $885,000. 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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money 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: Find an SBA Lender in San Jose, California
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