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