Borrowing Money for Roofing Contractors
With these bank loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $300,000 was given to a California entrepreneur in 2005.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Wells Fargo Bank, out of San Jose, California. The loan was granted and they received $300,000 to help grow their Laguna Hills (leisure World), California business.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
LAGUNA HILLS (LEISURE WORLD), CA 92653
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This loan 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
238160 - Roofing Contractors
Loan Approval Date
6/16/2005
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $150,000.
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 50 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
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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:
Alternative Financing
Where to Get an SBA Loan in San Jose, California
SBA Participating Banks in California