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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cameron Park, Business Loans > Umpqua Bank Cameron Park Business Loans > Specialty Trade Contractors Loan | ||||
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Rancho Cordova (mills), California Bank for SBA Loans
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Specialty Trade Contractors Bank LoansWith these bank loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $1,114,000 was given to a California entrepreneur in 2005. Getting a small business loan in Rancho Cordova (mills), California was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Cameron Park, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALTY TRADE CONTRACTORS SBA Loan Lender UMPQUA BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238990 - Specialty Trade Contractors Loan Approval Date 5/19/2005 Loan Approval Gross Amount $1,114,000 Loan Approval from the SBA Of the total $1,114,000 loan amount, the SBA guaranteed $835,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 11 existing jobs. Next Steps for Getting an SBA Loan If you need business start up money in Rancho Cordova (mills) CA, you ought to talk with a local Rancho Cordova (mills) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rancho Cordova (mills) businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Umpqua Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Cameron Park, California Banks for Small Business Getting an SBA Loan in California
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