Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Fresno, California

 

 
Loan Census SBA Loan Info

Commercial and Institutional Building Construction Small Business Loans

Looking for small business loans for commercial and institutional building construction? Talk to a banker who works with the SBA. This $102,000 commercial and institutional building construction loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fresno, California was able to borrow $102,000 from Central Valley Community Bank. The SBA made the loan possible by guaranteeing $76,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION
FRESNO, CA 93727

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
600 POLLASKY AVE
CLOVIS, CA 93612

This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236220 - Commercial and Institutional Building Construction

Loan Approval Date

12/14/2007

Loan Approval Gross Amount

$102,000

Loan Approval from the SBA

Of the total $102,000 loan amount, the SBA guaranteed $76,500.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Bank Credit Lines

SBA Banks in Clovis, California

SBA Participating Banks in California