 |
 |
May 3, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Water Well Drilling Contractors Loan | ||||
 |
||||
SBA Lenders in Mariposa
|
||||
 |
California Bank & Trust SBA Loan to Water Well Drilling Contractors CompanyCalifornia Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Mariposa, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was California Bank & Trust, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: WATER WELL DRILLING CONTRACTORS SBA Loan Lender CALIFORNIA BANK & TRUST Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235810 - Water Well Drilling Contractors Loan Approval Date 11/14/2000 Loan Approval Gross Amount $309,600 Loan Approval from the SBA Of the total $309,600 loan amount, the SBA guaranteed $232,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like California Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Dealing With Venture Capitalists Small Business Banks in Sacramento, California
|
|
||
|
||||
|
|
||||