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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Single Family Housing Construction Loan | ||||
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Raising Money in Alpine, California With SBA Loans
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How to Get a Loan for Single Family Housing ConstructionWith these SBA loans for single family housing construction, the SBA guarantees the lender that the loan will be repaid. This single family housing construction loan for $41,700 was given to a California entrepreneur in 2002. This small business knew how to go about getting a business bank loan. Based in Alpine, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was California Bank & Trust, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: SINGLE FAMILY HOUSING CONSTRUCTION SBA Loan Lender CALIFORNIA BANK & TRUST This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 233210 - Single Family Housing Construction Loan Approval Date 7/10/2002 Loan Approval Gross Amount $41,700 Loan Approval from the SBA Of the total $41,700 loan amount, the SBA guaranteed $20,850. 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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Sacramento, California
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