Eureka, California Bank Lends Money to Specialty Outpatient Facilities Company in Crescent City, California

Thinking about meeting with an Eureka, California bank about a business loan? Here's one California business loan, issued by an Eureka bank, that was approved by the SBA.

Applying for an SBA loan with North Valley Bank worked out well for our friends at one local company in Crescent City, California. They got an SBA loan for $141,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: SPECIALTY OUTPATIENT FACILITIES
CRESCENT CITY, CA 95531

SBA Loan Lender

NORTH VALLEY BANK
402 'F' ST
EUREKA, CA 95501

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8093 - Specialty Outpatient Facilities

NAICS Code

621498 - Outpatient Care Centers

Loan Approval Date

4/18/2000

Loan Approval Gross Amount

$141,000

Loan Approval from the SBA

Of the total $141,000 loan amount, the SBA guaranteed $105,750.

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 3 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $141,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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