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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Monterey, Business Loans > Monterey County Bank Monterey Business Loans > Minerals And Earths, Ground Or Otherwise Treated Loan | ||||
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Get a Small Business Loan from Monterey County Bank
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Business Loan from Monterey County Bank Given to Minerals And Earths, Ground Or Otherwise Treated CompanyMonterey County Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Salinas, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Monterey County Bank, based in Monterey, California. SBA Loan Borrower COMPANY TYPE: MINERALS AND EARTHS, GROUND OR OTHERWISE TREATED SBA Loan Lender MONTEREY COUNTY BANK This lender provides SBA guaranteed 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. SIC Code 3295 - Minerals and Earths, Ground or Otherwise Treated Loan Approval Date 8/22/2000 Loan Approval Gross Amount $948,500 Loan Approval from the SBA Of the total $948,500 loan amount, the SBA guaranteed $711,375. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Monterey County Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Small Business Banks in Monterey, California SBA Participating Banks in California
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