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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Cordova, Business Loans > Bank - America California Rancho Cordova Business Loans > Personal Services Loan | ||||
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Business Loan from Bank - America California
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Business Loan from Bank - America California Given to Personal Services CompanyBank - America California has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank - America California, out of Rancho Cordova, California. The loan was granted and they received $50,000 to help grow their Ocean Beach, California business. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender BANK - AMERICA CALIFORNIA This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 7299 - Personal Services Loan Approval Date 3/16/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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: SBA Participating Banks in Rancho Cordova, California
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