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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Fullerton, Business Loans > Fullerton Community Bank, Fsb Fullerton Business Loans > Tires And Tubes Loan | ||||
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Fullerton Community Bank, Fsb West Sacramento, California
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SBA Loan from Fullerton Community Bank, Fsb Helps Tires And Tubes CompanyFullerton Community Bank, Fsb is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Sacramento, California was able to borrow $310,000 from Fullerton Community Bank, Fsb. The SBA made the loan possible by guaranteeing $232,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: TIRES AND TUBES SBA Loan Lender FULLERTON COMMUNITY BANK, FSB The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5014 - Tires and Tubes NAICS Code 441320 - Tire Dealers Loan Approval Date 1/18/2005 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. 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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: Find an SBA Lender in Fullerton, California
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