Small Business Loans for Foundation, Structure, and Building Exterior Contractors
Looking for small business loans for foundation, structure, and building exterior contractors? An SBA loan may be just what you've been looking for. This $20,000 foundation, structure, and building exterior contractors loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Norco, California was able to borrow $20,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $10,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS
NORCO, CA 92860
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
238190 - Foundation, Structure, and Building Exterior Contractors
Loan Approval Date
1/23/2007
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Norco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Equity Financing
Small Business Banks in San Jose, California
California SBA 7A Lenders