Loans for Plumbing, Heating, and Air Conditioning Contractors
Looking for loans for plumbing, heating, and air conditioning contractors? Try the SBA. This $325,800 plumbing, heating, and air conditioning contractors loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Mateo, California was able to borrow $325,800 from Union Bank Of California. The SBA made the loan possible by guaranteeing $244,350 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
SAN MATEO, CA 94403
SBA Loan Lender
UNION BANK OF CALIFORNIA
805 'B' ST
HAYWARD, CA 94541
This loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan 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
1711 - Plumbing, Heating, and Air-Conditioning
NAICS Code
235110 - Plumbing, Heating, and Air Conditioning Contractors
Loan Approval Date
3/31/2000
Loan Approval Gross Amount
$325,800
Loan Approval from the SBA
Of the total $325,800 loan amount, the SBA guaranteed $244,350.
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 9 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
How to Raise Money
SBA Approved Banks in Hayward, California
California SBA Bank Lenders