Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Redding, California Small Business Owners

 

 
Loan Census SBA Loan Info

Amusement and Theme Parks Small Business Loans

Looking for small business loans for amusement and theme parks? Try the SBA. This $292,500 amusement and theme parks loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Redding, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was North Valley Bank, based in Redding, California.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
REDDING, CA 96003

SBA Loan Lender

NORTH VALLEY BANK
300 PARK MARINA CIR
REDDING, CA 96001

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713110 - Amusement and Theme Parks

Loan Approval Date

2/4/2000

Loan Approval Gross Amount

$292,500

Loan Approval from the SBA

Of the total $292,500 loan amount, the SBA guaranteed $219,375.

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 95 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $292,500. How would you spend $292,500 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:

Understanding Dilution

SBA 7A Banks for Redding, California Loans

Getting a Business Loan in California