Financing for Activities Related to Real Estate
With these loans for activities related to real estate, the SBA guarantees the lender that the loan will be repaid. This activities related to real estate loan for $1,147,500 was given to a California entrepreneur in 2005.
Getting a small business loan in Campbell, California was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Tamalpais Bank, operating out of San Rafael, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE
CAMPBELL, CA 95008
SBA Loan Lender
TAMALPAIS BANK
851 IRWIN ST, STE 210
SAN RAFAEL, CA 94901
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531390 - Activities Related to Real Estate
Loan Approval Date
7/20/2005
Loan Approval Gross Amount
$1,147,500
Loan Approval from the SBA
Of the total $1,147,500 loan amount, the SBA guaranteed $860,625.
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 9 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 $1,147,500 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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