Where to Get Capital for Exterminating and Pest Control Services
With these small business loans for exterminating and pest control services, the SBA guarantees the lender that the loan will be repaid. This exterminating and pest control services loan for $600,000 was given to a California entrepreneur in 2005.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Coast National Bank, out of San Luis Obispo, California. The loan was granted and they received $600,000 to help grow their Fresno, California business.
SBA Loan Borrower
COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES
FRESNO, CA 93722
SBA Loan Lender
COAST NATIONAL BANK
500 MARSH ST
SAN LUIS OBISPO, CA 93401
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.
NAICS Code
561710 - Exterminating and Pest Control Services
Loan Approval Date
11/18/2005
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $450,000.
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 20 employees. The loan application indicated that the loan would help retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Fresno or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Business Line of Credit
Who Lends Money to Small Businesses in San Luis Obispo, California
California SBA 7A Lenders