Community W. Bank SBA Loan to Chiropractors Company
An SBA loan from Community W. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Sacramento, California business owner got a $115,800 loan.
Getting a small business loan in Sacramento, California was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community W. Bank, operating out of Goleta, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
SACRAMENTO, CA 95825
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
This lender provides SBA business 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
621310 - Chiropractors
Loan Approval Date
12/18/2002
Loan Approval Gross Amount
$115,800
Loan Approval from the SBA
Of the total $115,800 loan amount, the SBA guaranteed $98,430.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start business in Sacramento CA, you ought to talk with a local Sacramento SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sacramento businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Community W. Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
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Best Banks for Small Business in Goleta, California
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