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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Grover Beach, Business Loans > Rabobank, National Association Grover Beach Business Loans > Manufacturing Industries Loan | ||||
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California Bank SBA Loans
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Rabobank, National Association SBA Loan to Manufacturing Industries CompanyLooking to get a California SBA loan? Here's one California business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in San Luis Obispo, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rabobank, National Association, based in Grover Beach, California. SBA Loan Borrower COMPANY TYPE: MANUFACTURING INDUSTRIES SBA Loan Lender RABOBANK, NATIONAL ASSOCIATION When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to provide speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3999 - Manufacturing Industries Loan Approval Date 6/8/2000 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $64,000. 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 12 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Rabobank, National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Realistic Debt Financing Options Best Grover Beach, California Banks for Small Business
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