Rancho Cordova, California Business Gets SBA-Guaranteed Funding from Sterling Savings Bank

An SBA loan from Sterling Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Rancho Cordova, California business owner got a $352,800 loan.

Getting a small business loan in Rancho Cordova, California was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank, operating out of Spokane, Washington. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
Rancho Cordova, CA 95742

SBA Loan Lender

STERLING SAVINGS BANK
111 N WALL ST
SPOKANE, WA 99201

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.

NAICS Code

541320 - Landscape Architectural Services

Loan Approval Date

5/29/2007

Loan Approval Gross Amount

$352,800

Loan Approval from the SBA

Of the total $352,800 loan amount, the SBA guaranteed $264,600.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Rancho Cordova CA, you ought to talk with a local Rancho Cordova SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rancho Cordova businesses.

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 $352,800 loan. Remember, things become real when you believe you can achieve them!

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:

SBIR Funding

Where to Get an SBA Loan in Spokane, Washington

Washington SBA 7A Lenders