San Diego, California Lender Lends Money to Management Consulting Services Company
Find San Diego, California banks that specialize in SBA loans and know how to work with entrepreneurs. U.S. Bank National Association is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Redding, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from U.S. Bank National Association. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
REDDING, CA 96003
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
9918 HIBERT ST, STE 100
SAN DIEGO, CA 92131
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8742 - Management Consulting Services
NAICS Code
541611 - Administrative Management and General Management Consulting Services
Loan Approval Date
7/8/2004
Loan Approval Gross Amount
$1,505,500
Loan Approval from the SBA
Of the total $1,505,500 loan amount, the SBA guaranteed $1,129,125.
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 7 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,505,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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 Art of Bootstrapping
Banks in San Diego, California
California SBA 7A Banks