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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Umpqua Bank Roseville Business Loans > Household Furniture Loan | ||||
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Umpqua Bank SBA Loans
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Household Furniture Manufacturing Small Business LoansWith these small business loans for household furniture manufacturing, the SBA guarantees the lender that the loan will be repaid. This household furniture manufacturing loan for $90,000 was given to a California entrepreneur in 2000. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Umpqua Bank, out of Roseville, California. The loan was granted and they received $90,000 to help grow their Hayfork, California business. SBA Loan Borrower COMPANY TYPE: HOUSEHOLD FURNITURE SBA Loan Lender UMPQUA BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2519 - Household Furniture NAICS Code 337125 - Household Furniture Manufacturing Loan Approval Date 9/29/2000 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. 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 15 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! 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. Umpqua Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Umpqua Bank 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: SBA Approved Banks in Roseville, California
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