Special Trade Contractors Commercial Loans

Looking for commercial loans for special trade contractors? The SBA may be the answer. This $1,337,000 special trade contractors loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Carthage, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank Of The West, based in San Francisco, California.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
CARTHAGE, TX 75633

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235990 - Special Trade Contractors

Loan Approval Date

10/30/2002

Loan Approval Gross Amount

$1,337,000

Loan Approval from the SBA

Of the total $1,337,000 loan amount, the SBA guaranteed $1,002,750.

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 102 employees. This SBA loan request indicated that the loan would help retain 102 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The West and they will explain how you can get an SBA loan for your company.

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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