Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Rabobank, National Association Small Business Arroyo Grande

 

 
Loan Census SBA Loan Info

SBA Loan from Rabobank, National Association Helps Advertising Agencies Company

An SBA loan from Rabobank, National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Arroyo Grande, California business owner got a $100,000 loan.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rabobank, National Association, out of Arroyo Grande, California. The loan was granted and they received $100,000 to help grow their Arroyo Grande, California business.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
ARROYO GRANDE, CA 93420

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541810 - Advertising Agencies

Loan Approval Date

8/23/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rabobank, National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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