 |
 |
December 26, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Miami, Business Loans > Citibank Miami Business Loans > Carpentry Contractors Loan | ||||
 |
||||
Small Business Loans from Citibank
|
||||
 |
Citibank SBA Loan to Carpentry Contractors CompanyAn SBA loan from Citibank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pacoima, California business owner got a $100,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pacoima, California was able to borrow $100,000 from Citibank. The SBA made the loan possible by guaranteeing $50,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: CARPENTRY CONTRACTORS SBA Loan Lender CITIBANK This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 235510 - Carpentry Contractors Loan Approval Date 5/24/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 19 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 19 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, you control your own destiny. 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: Getting an SBA Loan in Florida
|
|
||
|
||||
|
|
||||