Personal Services Commercial Loans
Looking for commercial loans for personal services? Try the SBA. This $887,000 personal services loan was issued by a California bank.
Getting a small business loan in Sacramento, California was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Cameron Park, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
SACRAMENTO, CA 95826
SBA Loan Lender
UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682
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
812990 - Personal Services
Loan Approval Date
1/3/2006
Loan Approval Gross Amount
$887,000
Loan Approval from the SBA
Of the total $887,000 loan amount, the SBA guaranteed $665,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Umpqua Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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