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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Gilroy, Business Loans > South Valley National Bank A Divis Gilroy Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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California SBA 7A Lenders
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Gilroy, California Bank Gives SBA Loan to Plumbing, Heating, And Air-Conditioning Contractors CompanyGet business loans from a Gilroy, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. South Valley National Bank A Divis is a Gilroy, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender SOUTH VALLEY NATIONAL BANK A DIVIS This lender provides SBA small 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 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 6/21/2007 Loan Approval Gross Amount $1,961,000 Loan Approval from the SBA Of the total $1,961,000 loan amount, the SBA guaranteed $1,470,750. 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 15 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: Who Lends Money to Small Businesses in Gilroy, California
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