 |
 |
November 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Fresno, Business Loans > United Security Bank Fresno Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
 |
||||
Requirements for Small Business Owners On Getting a Loan
|
||||
 |
Get an SBA Loan for Plumbing, Heating, and Air-Conditioning ContractorsLooking for small business loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $989,100 plumbing, heating, and air-conditioning contractors loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with United Security Bank, out of Fresno, California. The loan was granted and they received $989,100 to help grow their Redwood City, California business. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender UNITED SECURITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 4/20/2006 Loan Approval Gross Amount $989,100 Loan Approval from the SBA Of the total $989,100 loan amount, the SBA guaranteed $741,825. 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 19 employees. The loan application indicated that the loan would help retain 19 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from United Security 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: Small Business Banks in Fresno, California Getting a Business Loan in California
|
|
||
|
||||
|
|
||||