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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Oakland, Business Loans > Community Bank Of The Bay Oakland Business Loans > Truck, Utility Trailer, And Rv Rental And Leasing Loan | ||||
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SBA Lender Oakland
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Oakland, California Bank Gives SBA Loan to Truck, Utility Trailer, And Rv Rental And Leasing CompanyWant to talk with an Oakland, California bank about a small business loan? Here's one California business loan, issued by an Oakland bank, that was approved by the SBA. Applying for an SBA loan with Community Bank Of The Bay worked out well for our friends at one local firm in San Francisco, California. They received an SBA loan for $372,000. Way to go! SBA Loan Borrower COMPANY TYPE: TRUCK, UTILITY TRAILER, AND RV RENTAL AND LEASING SBA Loan Lender COMMUNITY BANK OF THE BAY The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532120 - Truck, Utility Trailer, and RV Rental and Leasing Loan Approval Date 2/6/2007 Loan Approval Gross Amount $372,000 Loan Approval from the SBA Of the total $372,000 loan amount, the SBA guaranteed $279,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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. Related Links: Obtaining Funding - How to Decide How Much to Raise Good Banks for Small Business in Oakland, California
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