Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender Orange California

 

 
Loan Census SBA Loan Info

Raising Money for Foundation, Structure, and Building Exterior Contractors

Looking for bank loans for foundation, structure, and building exterior contractors? The SBA may be the answer. This $250,000 foundation, structure, and building exterior contractors loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Orange County Business Bank, out of Newport Beach, California. The loan was granted and they received $250,000 to help grow their Orange, California business.

SBA Loan Borrower

COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS
ORANGE, CA 92867

SBA Loan Lender

ORANGE COUNTY BUSINESS BANK
4675 MACARTHUR CT, STE 200
NEWPORT BEACH, CA 92660

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238190 - Foundation, Structure, and Building Exterior Contractors

Loan Approval Date

6/28/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 56 employees. The SBA loan application for the borrower indicated that the loan would help retain 56 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Orange County Business Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Raising Venture Capital

SBA 7A Banks in Newport Beach, California

California SBA Banks