Sacramento, California Business Gets SBA-Guaranteed Funding from First U S Community Cu

An SBA loan from First U S Community Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Sacramento, California business owner got a $86,000 loan.

Getting a small business loan in Sacramento, California was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First U S Community Cu, operating out of Sacramento, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES
SACRAMENTO, CA 95833

SBA Loan Lender

FIRST U S COMMUNITY CU
580 UNIVERSITY AVE
SACRAMENTO, CA 95825

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7331 - Direct Mail Advertising Services

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

1/6/2006

Loan Approval Gross Amount

$86,000

Loan Approval from the SBA

Of the total $86,000 loan amount, the SBA guaranteed $73,100.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $86,000. How would you spend $86,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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