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December 23, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Audio And Video Equipment Manufacturing Loan | ||||
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California SBA Lenders
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Entrepreneur Works With Sacramento, California Bank to Get an SBA LoanGet business loans from a Sacramento, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. California Bank & Trust is a Sacramento, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company. SBA Loan Borrower COMPANY TYPE: AUDIO AND VIDEO EQUIPMENT MANUFACTURING SBA Loan Lender CALIFORNIA BANK & TRUST 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 334310 - Audio and Video Equipment Manufacturing Loan Approval Date 1/14/2002 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. 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 50 employees. The SBA loan application for the borrower indicated that the loan would help retain 50 existing jobs. Getting an SBA Loan For Your Business If you are working on finding money to start a business in Arvada CO, you ought to talk with a local Arvada SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Arvada businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into California Bank & Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 Banks in Sacramento, California
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