Architectural Services Loans

With these loans for architectural services, the SBA guarantees the lender that the loan will be repaid. This architectural services loan for $352,000 was given to a California entrepreneur in 2006.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with The Mechanics Bank, out of Richmond, California. The loan was granted and they received $352,000 to help grow their San Francisco, California business.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
SAN FRANCISCO, CA 94107

SBA Loan Lender

THE MECHANICS BANK
3170 HILLTOP MALL RD
RICHMOND, CA 94806

This lender provides SBA commercial 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.

NAICS Code

541310 - Architectural Services

Loan Approval Date

3/1/2006

Loan Approval Gross Amount

$352,000

Loan Approval from the SBA

Of the total $352,000 loan amount, the SBA guaranteed $264,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 28 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 3225 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Mechanics Bank and they will explain how you can get an SBA loan for your company.

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 Loan

SBA 7A Banks for Richmond, California Loans

Where to Get an SBA Loan California