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April 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Marysville, Business Loans > Gold Country Bank Marysville Business Loans > Motor Vehicle Supplies And New Parts Loan | ||||
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Banks Doing SBA Loans in California
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Marysville, California Bank Gives SBA Loan to Motor Vehicle Supplies And New Parts CompanyWant to talk with a Marysville, California bank about a small business loan? Here's one California business loan, issued by a Marysville bank, that was approved by the SBA. Applying for an SBA loan with Gold Country Bank worked out well for our friends at one local business in Orangevale, California. They received an SBA loan for $350,000. Way to go! SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS SBA Loan Lender GOLD COUNTRY BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5013 - Motor Vehicle Supplies and New Parts NAICS Code 421120 - Motor Vehicle Supplies and New Parts Wholesalers Loan Approval Date 12/12/2003 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 7 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Determining Proper Capital Structure for a Business Banks in Marysville, California
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