Support Activities for Forestry Loans
With these loans for support activities for forestry, the SBA guarantees the lender that the loan will be repaid. This support activities for forestry loan for $178,200 was given to a California entrepreneur in 2002.
This small firm knew how to go about getting a business bank loan. Based in Chico, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was North Valley Bank, based in Redding, California.
SBA Loan Borrower
COMPANY TYPE: SUPPORT ACTIVITIES FOR FORESTRY
CHICO, CA 95973
SBA Loan Lender
NORTH VALLEY BANK
300 PARK MARINA CIR
REDDING, CA 96001
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
115310 - Support Activities for Forestry
Loan Approval Date
4/12/2002
Loan Approval Gross Amount
$178,200
Loan Approval from the SBA
Of the total $178,200 loan amount, the SBA guaranteed $133,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 125 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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Where to Get an SBA Loan California