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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Heritage Bank Of Commerce San Jose Business Loans > Residential Remodelers Loan | ||||
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Banks in California
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Get an SBA Loan for Residential RemodelersLooking for small business loans for residential remodelers? Try the SBA. This $423,700 residential remodelers loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Watsonville, California was able to borrow $423,700 from Heritage Bank Of Commerce. The SBA made the loan possible by guaranteeing $317,775 of this California small business loan. SBA Loan Borrower COMPANY TYPE: RESIDENTIAL REMODELERS SBA Loan Lender HERITAGE BANK OF COMMERCE This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 236118 - Residential Remodelers Loan Approval Date 2/11/2005 Loan Approval Gross Amount $423,700 Loan Approval from the SBA Of the total $423,700 loan amount, the SBA guaranteed $317,775. 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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a company in Watsonville CA, you ought to talk with a local Watsonville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Watsonville businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $423,700 loan. Remember, where there is a will, there is a way! 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: Advice on Getting a Small Business Loan Good Banks for Small Business in San Jose, California SBA Participating Banks in California
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