Sacramento, California Bank Gives SBA Loan to Masonry And Stone Contractors Company
Find Sacramento, California banks that specialize in SBA loans and know how to work with entrepreneurs. California Bank & Trust is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Denver, Colorado starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from California Bank & Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MASONRY AND STONE CONTRACTORS
DENVER, CO 80222
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
235410 - Masonry and Stone Contractors
Loan Approval Date
6/19/2001
Loan Approval Gross Amount
$333,000
Loan Approval from the SBA
Of the total $333,000 loan amount, the SBA guaranteed $249,750.
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 20 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Denver or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Debt Financing
SBA Approved Banks in Sacramento, California
California SBA 7A Banks