Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Fresno, California

 

 
Loan Census SBA Loan Info

Carpentry Contractors Commercial Loans

Looking for commercial loans for carpentry contractors? An SBA loan may be just what you've been looking for. This $175,000 carpentry contractors loan was issued by a California bank.

Getting a small business loan in Fresno, California was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Central Valley Community Bank, operating out of Clovis, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY CONTRACTORS
FRESNO, CA 93727

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
600 POLLASKY AVE
CLOVIS, CA 93612

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235510 - Carpentry Contractors

Loan Approval Date

9/18/2002

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

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 29 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $175,000 loan. Remember, you control your own destiny.

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:

How Much Venture Capital Is There?

Where to Get an SBA Loan in Clovis, California

Getting an SBA Loan in California