Roseville, California Bank Lends Money to Residential Care Facilities Company in Sacramento, California
Get small business loans from a Roseville, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
American River Bank is a Roseville, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: RESIDENTIAL CARE FACILITIES
SACRAMENTO, CA 95827
SBA Loan Lender
AMERICAN RIVER BANK
2240 DOUGLAS BLVD, STE 100
ROSEVILLE, CA 95661
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
623990 - Residential Care Facilities
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $375,000 loan amount, the SBA guaranteed $281,250.
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 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
The Friends and Family Network
SBA 7A Banks in Roseville, California
SBA California Banks