Small Business Loans for Motor Vehicle Parts Wholesalers

With these small business loans for motor vehicle parts wholesalers, the SBA guarantees the lender that the loan will be repaid. This motor vehicle parts wholesalers loan for $481,500 was given to a California entrepreneur in 2000.

Getting a small business loan in Rancho Cordova (mills), California was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank, operating out of Santa Rosa, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS, USED
RANCHO CORDOVA (MILLS), CA 95742

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5015 - Motor Vehicle Parts, Used

NAICS Code

421140 - Motor Vehicle Parts Wholesalers

Loan Approval Date

2/24/2000

Loan Approval Gross Amount

$481,500

Loan Approval from the SBA

Of the total $481,500 loan amount, the SBA guaranteed $361,125.

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 18 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Rancho Cordova (mills) CA, you ought to talk with a local Rancho Cordova (mills) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rancho Cordova (mills) businesses.

We can help you find the best banks for small businesses in Rancho Cordova (mills) 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:

The Friends and Family Network

Good Banks for Small Business in Santa Rosa, California

Getting an SBA Loan in California