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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Fullerton, Business Loans > Fullerton Community Bank, Fsb Fullerton Business Loans > General Contracting For Nonresidential Buildings Loan | ||||
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California Small Business Funding
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Raising Money for Commercial and Institutional Building ConstructionLooking for business loans for commercial and institutional building construction? Try the SBA. This $333,600 commercial and institutional building construction loan was issued by a California bank. This small business knew how to go about getting a business bank loan. Based in Lake Forest, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Fullerton Community Bank, Fsb, based in Fullerton, California. SBA Loan Borrower COMPANY TYPE: GENERAL CONTRACTING FOR NONRESIDENTIAL BUILDINGS SBA Loan Lender FULLERTON COMMUNITY BANK, FSB The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1542 - General Contracting for Nonresidential Buildings NAICS Code 233320 - Commercial and Institutional Building Construction Loan Approval Date 5/26/2000 Loan Approval Gross Amount $333,600 Loan Approval from the SBA Of the total $333,600 loan amount, the SBA guaranteed $250,200. 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 21 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. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 From a Venture Capitalist Best Fullerton, California Banks for Small Business
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