Umpqua Bank SBA Loan to Funeral Service And Crematories Company
Want a California SBA loan? Here's one California business loan that was approved by the SBA.
This small business needed an SBA business loan in El Dorado, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Cameron Park, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
EL DORADO, CA 95672
SBA Loan Lender
UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7261 - Funeral Service and Crematories
Loan Approval Date
8/29/2000
Loan Approval Gross Amount
$402,000
Loan Approval from the SBA
Of the total $402,000 loan amount, the SBA guaranteed $301,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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