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November 21, 2024  
 
 
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California SBA Lenders

 

 
Loan Census SBA Loan Info

San Jose, California Lender Lends Money to Tile And Terrazzo Contractors Company

Thinking about meeting with a San Jose, California bank about a small business loan? Here's one California business loan, issued by a San Jose bank, that was approved by the SBA.

Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in Marina Del Ray, California. The business was able to get an SBA loan for $1,964,400. Great job!

SBA Loan Borrower

COMPANY TYPE: TILE AND TERRAZZO CONTRACTORS
MARINA DEL RAY, CA 90292

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender provides SBA guaranteed 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

238340 - Tile and Terrazzo Contractors

Loan Approval Date

6/1/2006

Loan Approval Gross Amount

$1,964,400

Loan Approval from the SBA

Of the total $1,964,400 loan amount, the SBA guaranteed $1,473,300.

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 8 employees. This SBA loan request indicated that the borrowed money would help generate 1 new job.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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