Merced, California Bank Gives SBA Loan to Special Trade Contractors Company
Find Merced, California banks that specialize in business loans and know how to work with entrepreneurs. County Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Clovis, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from County Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
CLOVIS, CA 93611
SBA Loan Lender
COUNTY BANK
550 W MAIN ST
MERCED, CA 95340
This lender provides SBA small business 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
9/27/2001
Loan Approval Gross Amount
$31,000
Loan Approval from the SBA
Of the total $31,000 loan amount, the SBA guaranteed $26,350.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like County Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
How Equity Dilution Works
Good Banks for Small Business in Merced, California
California SBA 7A Lenders