California Bank & Trust Gives SBA Loan to Lessors Of Residential Buildingsv And Dwellings Company
Want a California business loan? This California entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in San Diego, California by studying this loan to a local business, made back in 2005. Banks like California Bank & Trust may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF RESIDENTIAL BUILDINGSV AND DWELLINGS
SAN DIEGO, CA 92116
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
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
531110 - Lessors of Residential Buildingsv and Dwellings
Loan Approval Date
5/20/2005
Loan Approval Gross Amount
$114,000
Loan Approval from the SBA
Of the total $114,000 loan amount, the SBA guaranteed $96,900.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Business Credit Evaluation
SBA Participating Banks in Sacramento, California
Getting an SBA Loan in California