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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Redding, Business Loans > North Valley Bank Redding Business Loans > Water Supply And Irrigation Systems Loan | ||||
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Redding, California SBA Banks
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Entrepreneur Works With Redding, California Bank to Get an SBA LoanGet to know Redding, California banks that specialize in business loans and know how to work with entrepreneurs. North Valley Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Cottonwood, California starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from North Valley Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: WATER SUPPLY AND IRRIGATION SYSTEMS SBA Loan Lender NORTH VALLEY BANK This lender provides SBA commercial 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 221310 - Water Supply and Irrigation Systems Loan Approval Date 12/21/2007 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. 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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: SBA Participating Banks in Redding, California
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