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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Oroville, Business Loans > Butte Community Bank Oroville Business Loans > Physical, Occupational And Speech Therapists, And Audiologists Loan | ||||
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CA Small Business Loans from Butte Community Bank
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SBA Loan from Butte Community Bank Helps Physical, Occupational And Speech Therapists, And Audiologists CompanyAn SBA loan from Butte Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Paradise, California business owner got a $279,200 loan. Getting a small business loan in Paradise, California was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Butte Community Bank, operating out of Oroville, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS SBA Loan Lender BUTTE COMMUNITY BANK 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 621340 - Physical, Occupational and Speech Therapists, and Audiologists Loan Approval Date 9/21/2004 Loan Approval Gross Amount $279,200 Loan Approval from the SBA Of the total $279,200 loan amount, the SBA guaranteed $209,400. 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 8 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $279,200. How would you spend $279,200 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 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 Best Oroville, California Banks for Small Business Getting a Business Loan in California
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