How to Get a Loan for Single Family Housing Construction
Looking for SBA loans for single family housing construction? An SBA loan may be just what you've been looking for. This $287,500 single family housing construction loan was issued by an Ohio bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $287,500 to help grow their Berkeley, California business.
SBA Loan Borrower
COMPANY TYPE: SINGLE FAMILY HOUSING CONSTRUCTION
BERKELEY, CA 94710
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
233210 - Single Family Housing Construction
Loan Approval Date
3/17/2003
Loan Approval Gross Amount
$287,500
Loan Approval from the SBA
Of the total $287,500 loan amount, the SBA guaranteed $215,625.
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 35 employees. The SBA loan application for the borrower indicated that the loan would help retain 35 existing jobs.
Getting an SBA Loan For Your Business
If you want money for new small business in Berkeley CA, you ought to talk with a local Berkeley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Berkeley businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Financing Your Business
Find an SBA Lender in Cincinnati, Ohio
SBA Ohio Banks