Loan Census Banking News and Information
December 7, 2021  
  Business Loan Information  

Raising Money in Loomis, California With SBA Loans


Loan Census SBA Loan Info

Business Loans for Tile, Marble, Terrazzo, and Mosaic Contractors

Looking for business loans for tile, marble, terrazzo, and mosaic contractors? An SBA loan may be just what you've been looking for. This $103,500 tile, marble, terrazzo, and mosaic contractors loan was issued by a California bank.

Getting a small business loan in Loomis, California was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Auburn, California. Here are the details on this California small business loan.

SBA Loan Borrower

LOOMIS, CA 95650

SBA Loan Lender

AUBURN, CA 95603

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.


235430 - Tile, Marble, Terrazzo, and Mosaic Contractors

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $103,500 loan amount, the SBA guaranteed $87,975.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $103,500. How would you spend $103,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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.

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Accountant's Role in Securing Financing

SBA 7A Lenders in Auburn, California

Find an SBA Lender in California