Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Lender Rialto California

 

 
Loan Census SBA Loan Info

How to Get a Loan for Building Material Dealers

Looking for business loans for building material dealers? An SBA loan may be just what you've been looking for. This $665,000 building material dealers loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Rialto, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was South Cnty Bank, based in Rancho Santa Margarit, California.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
Rialto, CA 92376

SBA Loan Lender

SOUTH CNTY BANK
22342 AVENIDA EMPRESA, STE A1
RANCHO SANTA MARGARIT, CA 92688

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

5/8/2006

Loan Approval Gross Amount

$665,000

Loan Approval from the SBA

Of the total $665,000 loan amount, the SBA guaranteed $498,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from South Cnty 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:

The Friends and Family Network

Find an SBA Lender in Rancho Santa Margarit, California

Where to Get an SBA Loan California