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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Sacramento, California Bank Lends Money to Beauty Salons Company in Henderson, Nevada

Thinking about meeting with a Sacramento, California bank about a business loan? Here's one Nevada business loan, issued by a Sacramento bank, that was approved by the SBA.

Applying for an SBA loan with California Bank & Trust worked out well for our friends at one local business in Henderson, Nevada. They received an SBA loan for $232,600. Sweet!

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
HENDERSON, NV 89052

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

8/4/2004

Loan Approval Gross Amount

$232,600

Loan Approval from the SBA

Of the total $232,600 loan amount, the SBA guaranteed $174,450.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help generate 35 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How Equity Dilution Works

Where to Get an SBA Loan in Sacramento, California

California SBA 7A Banks