California Business Loan Issued to Finish Carpentry Contractors Company
Bank loans in California are tough to come by these days. We take a look at one California bank loan, provided by an Ohio bank, that was approved by the SBA.
You can learn something about getting a small business loan in San Francisco, California by studying this loan to a local company, made back in 2004. Banks like U.S. Bank National Association may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
SAN FRANCISCO, CA 94103
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
238350 - Finish Carpentry Contractors
Loan Approval Date
8/2/2004
Loan Approval Gross Amount
$441,000
Loan Approval from the SBA
Of the total $441,000 loan amount, the SBA guaranteed $330,750.
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 only one employee. The SBA loan application for the borrower indicated that the funding would help generate 1 new job.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in San Francisco CA, you ought to talk with a local San Francisco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Francisco businesses.
We can help you find the best banks for small businesses in San Francisco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Accountant's Role in Securing Financing
Where to Get an SBA Loan in Cincinnati, Ohio
Getting a Business Loan in Ohio