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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Tile, Marble, Terrazzo, And Mosaic Contractors Loan | ||||
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SBA Lenders California
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Sacramento, California Bank Lends Money to Tile, Marble, Terrazzo, And Mosaic Contractors Company in San Carlos, CaliforniaFind Sacramento, California banks that specialize in small business loans and know how to work with entrepreneurs. California Bank & Trust is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in San Carlos, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from California Bank & Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: TILE, MARBLE, TERRAZZO, AND MOSAIC CONTRACTORS SBA Loan Lender CALIFORNIA BANK & TRUST This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 235430 - Tile, Marble, Terrazzo, and Mosaic Contractors Loan Approval Date 10/4/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 California Bank & Trust 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: Who Lends Money to Small Businesses in Sacramento, California
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