Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Modesto, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Accounting Services Small Business Loans

With these small business loans for accounting services, the SBA guarantees the lender that the loan will be repaid. This accounting services loan for $45,000 was given to a California entrepreneur in 2007.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Washington State Bank, out of Washington, Iowa. The loan was granted and they received $45,000 to help grow their Modesto, California business.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING SERVICES
MODESTO, CA 95350

SBA Loan Lender

WASHINGTON STATE BANK
121-125 S MARION
WASHINGTON, IA 52353

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541219 - Accounting Services

Loan Approval Date

11/21/2007

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

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. The SBA loan application for the borrower indicated that the loan would help retain 33 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Modesto or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Equity Financing

Where to Get an SBA Loan in Washington, Iowa

SBA Iowa Lenders