Get an SBA Loan for Hardware Stores
With these loans for hardware stores, the SBA guarantees the lender that the loan will be repaid. This hardware stores loan for $605,000 was given to a California entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Ceres, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bank Of The West, based in Truckee, California.
SBA Loan Borrower
COMPANY TYPE: HARDWARE STORES
CERES, CA 95307
SBA Loan Lender
BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161
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
444130 - Hardware Stores
Loan Approval Date
4/26/2001
Loan Approval Gross Amount
$605,000
Loan Approval from the SBA
Of the total $605,000 loan amount, the SBA guaranteed $453,750.
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 16 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 17 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Determining Proper Capital Structure for a Business
SBA Participating Banks in Truckee, California
Getting an SBA Loan in California