Nevada Business Loan Issued to Landscaping Services Company
Looking to get a Nevada small business loan? This Nevada entrepreneur got a small business loan, provided by a California bank that works with the SBA to help small business owners.
Getting a small business loan in Las Vegas, Nevada was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust. Here are the details on this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
LAS VEGAS, NV 89139
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
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.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
7/23/2004
Loan Approval Gross Amount
$306,700
Loan Approval from the SBA
Of the total $306,700 loan amount, the SBA guaranteed $230,025.
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 50 employees. The loan application indicated that the loan would help retain 50 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into California Bank & Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Business Line of Credit
SBA Banks in Sacramento, California
California SBA Banks