Visalia, California Bank Gives SBA Loan to Computer Related Services Company

Get to know Visalia, California banks that specialize in business loans and know how to work with entrepreneurs. Citizens Business Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Visalia, California starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Citizens Business Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
VISALIA, CA 93277

SBA Loan Lender

CITIZENS BUSINESS BANK
500 W MAIN ST
VISALIA, CA 93291

This business 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.

SIC Code

7379 - Computer Related Services

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$214,300

Loan Approval from the SBA

Of the total $214,300 loan amount, the SBA guaranteed $160,725.

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 6 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours 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.

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