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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Porterville, Business Loans > Bank Of The Sierra Porterville Business Loans > Consumer Goods Rental Loan | ||||
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Porterville, California Bank for SBA Loans
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Financing for Consumer Goods RentalLooking for commercial loans for consumer goods rental? The SBA may be the answer. This $10,000 consumer goods rental loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Porterville, California was able to borrow $10,000 from Bank Of The Sierra. The SBA made the loan possible by guaranteeing $8,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: CONSUMER GOODS RENTAL SBA Loan Lender BANK OF THE SIERRA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532299 - Consumer Goods Rental Loan Approval Date 1/22/2007 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $8,500. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Sierra and they will explain how you can get an SBA loan for your company. 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: Small Business Banks in Porterville, California
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