Loans for Specialty Trade Contractors
Looking for loans for specialty trade contractors? The SBA may be the answer. This $760,000 specialty trade contractors loan was issued by a California bank.
This small firm knew how to go about getting a business bank loan. Based in Cotati, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Sterling Savings Bank, based in Santa Rosa, California.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
COTATI, CA 94931
SBA Loan Lender
STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404
This lender provides SBA debt financing 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
238990 - Specialty Trade Contractors
Loan Approval Date
6/8/2005
Loan Approval Gross Amount
$760,000
Loan Approval from the SBA
Of the total $760,000 loan amount, the SBA guaranteed $570,000.
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 10 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sterling Savings Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Realistic Debt Financing Options
Who Lends Money to Small Businesses in Santa Rosa, California
California SBA 7A Lenders