Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

La Quinta, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Poured Concrete Foundation and Structure Contractors

Looking for SBA loans for poured concrete foundation and structure contractors? An SBA loan may be just what you've been looking for. This $50,000 poured concrete foundation and structure contractors loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Quinta, California was able to borrow $50,000 from California Bank & Trust. The SBA made the loan possible by guaranteeing $25,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
LA QUINTA, CA 92253

SBA Loan Lender

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

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238110 - Poured Concrete Foundation and Structure Contractors

Loan Approval Date

2/15/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in La Quinta CA, you ought to talk with a local La Quinta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to La Quinta businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

SBIR Funding

SBA Participating Banks in Sacramento, California

SBA California Banks