Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Banks in Napa, California That Make SBA Loans

 

 
Loan Census SBA Loan Info

Napa, California Bank Lends Money to Convenience Stores Company in Round Mountain, California

Want to talk with a Napa, California bank about a business loan? Here's one California business loan, issued by a Napa bank, that was approved by the SBA.

Applying for an SBA loan with Umpqua Bank worked out well for our friends at one local business in Round Mountain, California. They received an SBA loan for $350,000. Nice!

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
ROUND MOUNTAIN, CA 96084

SBA Loan Lender

UMPQUA BANK
305 SOSCOL AVE
NAPA, CA 94559

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

5/24/2001

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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $350,000. How would you spend $350,000 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:

Microlending as a Small Business Funding Source

SBA 7A Banks in Napa, California

SBA California Banks