Services to Buildings and Dwellings Business Loans
With these business loans for services to buildings and dwellings, the SBA guarantees the lender that the loan will be repaid. This services to buildings and dwellings loan for $1,157,000 was given to a California entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anaheim, California was able to borrow $1,157,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $867,750 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
ANAHEIM, CA 92801
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
8/5/2004
Loan Approval Gross Amount
$1,157,000
Loan Approval from the SBA
Of the total $1,157,000 loan amount, the SBA guaranteed $867,750.
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 5 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
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 $1,157,000 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.
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