How to Get a Loan for Specialty Trade Contractors

With these business loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $234,400 was given to a California entrepreneur in 2005.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Fullerton Community Bank, Fsb, out of Fullerton, California. The loan was granted and they received $234,400 to help grow their Huntington Beach, California business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
HUNTINGTON BEACH, CA 92649

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

3/30/2005

Loan Approval Gross Amount

$234,400

Loan Approval from the SBA

Of the total $234,400 loan amount, the SBA guaranteed $175,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 44 employees. This SBA loan request indicated that the loan would help retain 44 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.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Fullerton Community Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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