Borrowing Money for Hardware Stores
Looking for loans for hardware stores? Try the SBA. This $20,000 hardware stores loan was issued by a California bank.
Getting a small business loan in Eureka, California was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Roseville, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: HARDWARE STORES
EUREKA, CA 95501
SBA Loan Lender
UMPQUA BANK
1050 PLEASANT GROVE, STE 110
ROSEVILLE, CA 95678
The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
5251 - Hardware Stores
NAICS Code
444130 - Hardware Stores
Loan Approval Date
3/27/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Financing Your Business
Good Banks for Small Business in Roseville, California
California SBA 7A Banks