California Small Business Loan Issued to Power And Communication Transmission Line Construction Company
CaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan.
You can learn something about getting a small business loan in Bakersfield, California by studying this loan to a local business, made back in 2002. Banks like San Joaquin Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: POWER AND COMMUNICATION TRANSMISSION LINE CONSTRUCTION
BAKERSFIELD, CA 93311
SBA Loan Lender
SAN JOAQUIN BANK
1301 17TH ST
BAKERSFIELD, CA 93301
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
234920 - Power and Communication Transmission Line Construction
Loan Approval Date
5/3/2002
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We've showcased information on this loan to let you know that businesses like yours 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:
Business Credit Evaluation
Small Bank Loans in Bakersfield, California
SBA Lenders in California