Where to Get Capital for Natural Gas Liquid Extraction

With these small business loans for natural gas liquid extraction, the SBA guarantees the lender that the loan will be repaid. This natural gas liquid extraction loan for $462,900 was given to a California entrepreneur in 2002.

Getting a small business loan in Robbins, California was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: NATURAL GAS LIQUID EXTRACTION
ROBBINS, CA 95676

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a deep knowledge SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

211112 - Natural Gas Liquid Extraction

Loan Approval Date

6/28/2002

Loan Approval Gross Amount

$462,900

Loan Approval from the SBA

Of the total $462,900 loan amount, the SBA guaranteed $250,058.

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 4 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Robbins CA, you ought to talk with a local Robbins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Robbins businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $462,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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