 |
 |
November 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Santa Cruz, Business Loans > Coast Comm. Bank A Division - Santa Cruz Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
 |
||||
Coast Comm. Bank A Division - Small Business Loans Fresno, California
|
||||
 |
Business Loan from Coast Comm. Bank A Division - Given to Gasoline Stations With Convenience Stores CompanyCoast Comm. Bank A Division - has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fresno, California was able to borrow $244,000 from Coast Comm. Bank A Division -. The SBA made the loan possible by guaranteeing $183,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender COAST COMM. BANK A DIVISION - 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 12/14/2001 Loan Approval Gross Amount $244,000 Loan Approval from the SBA Of the total $244,000 loan amount, the SBA guaranteed $183,000. 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. 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. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Coast Comm. Bank A Division - had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Coast Comm. Bank A Division - made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Santa Cruz, California
|
|
||
|
||||
|
|
||||