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April 28, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Floor Covering Stores Loan | ||||
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Las Vegas SBA Loans
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Las Vegas, Nevada Entrepreneur Gets an SBA LoanNevadaBank loans are available to Nevada firms through the SBA. In this case, a California bank provides the loan. Getting a small business loan in Las Vegas, Nevada was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust. Here are the details on this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: FLOOR COVERING STORES SBA Loan Lender CALIFORNIA BANK & TRUST This lender provides SBA bank 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 442210 - Floor Covering Stores Loan Approval Date 9/20/2002 Loan Approval Gross Amount $454,500 Loan Approval from the SBA Of the total $454,500 loan amount, the SBA guaranteed $340,875. 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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from California Bank & Trust 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: Obtaining Funding - How to Borrow Money SBA Approved Banks in Sacramento, California
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