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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Foundation, Structure, And Building Exterior Contractors Loan | ||||
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Las Vegas Lenders
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Las Vegas, Nevada Bank Lends Money to Foundation, Structure, And Building Exterior Contractors Company in San Leandro, CaliforniaGet to know Las Vegas, Nevada banks that specialize in small business loans and know how to work with entrepreneurs. Citibank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in San Leandro, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Citibank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS SBA Loan Lender CITIBANK The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238190 - Foundation, Structure, and Building Exterior Contractors Loan Approval Date 2/23/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 19 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 19 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 Citibank 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: Best Las Vegas, Nevada Banks for Small Business
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