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April 18, 2024  
 
 
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Business Loans for Sacramento Businesses

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Office Administrative Services

With these business loans for office administrative services, the SBA guarantees the lender that the loan will be repaid. This office administrative services loan for $767,000 was given to a California entrepreneur in 2002.

Getting a small business loan in Sacramento, California was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Northern Bank Of Dixon, operating out of West Sacramento, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
SACRAMENTO, CA 95814

SBA Loan Lender

FIRST NORTHERN BANK OF DIXON
1300 HARBOR BLVD
WEST SACRAMENTO, CA 95691

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

3/20/2002

Loan Approval Gross Amount

$767,000

Loan Approval from the SBA

Of the total $767,000 loan amount, the SBA guaranteed $575,250.

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 22 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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Good Banks for Small Business in West Sacramento, California

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