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November 21, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Nondepository Credit Intermediation Loan | ||||
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Leaburg, Oregon Bank Loan
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Nondepository Credit Intermediation LoansLooking for loans for nondepository credit intermediation? Talk to a banker who works with the SBA. This $624,000 nondepository credit intermediation loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Leaburg, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was California Bank & Trust, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: NONDEPOSITORY CREDIT INTERMEDIATION SBA Loan Lender CALIFORNIA BANK & TRUST This lender provides SBA business 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 522298 - Nondepository Credit Intermediation Loan Approval Date 10/10/2003 Loan Approval Gross Amount $624,000 Loan Approval from the SBA Of the total $624,000 loan amount, the SBA guaranteed $468,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. California Bank & Trust had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, California Bank & Trust made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding - Friends and Family Where to Get an SBA Loan in Sacramento, California
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