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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Stockton, Business Loans > Service 1st Bank Stockton Business Loans > Management Consulting Services Loan | ||||
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California SBA Lenders
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Stockton, California Lender Lends Money to Management Consulting Services CompanyWant to talk with a Stockton, California bank about an SBA loan? Here's one California business loan, issued by a Stockton bank, that was approved by the SBA. Applying for an SBA loan with Service 1st Bank worked out well for our friends at one local firm in Stockton, California. They received an SBA loan for $177,200. Sweet! SBA Loan Borrower COMPANY TYPE: MANAGEMENT CONSULTING SERVICES SBA Loan Lender SERVICE 1ST BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8742 - Management Consulting Services NAICS Code 541611 - Administrative Management and General Management Consulting Services Loan Approval Date 6/9/2005 Loan Approval Gross Amount $177,200 Loan Approval from the SBA Of the total $177,200 loan amount, the SBA guaranteed $132,900. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 $177,200 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. Related Links: Best Banks in Stockton, California
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