Santa Clara, California Lender Lends Money to Mining Machinery And Equipment Company

Find Santa Clara, California banks that specialize in small business loans and know how to work with entrepreneurs. Bank - Santa Clara A Division is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Santa Clara, California starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Bank - Santa Clara A Division. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MINING MACHINERY AND EQUIPMENT
SANTA CLARA, CA 95054

SBA Loan Lender

BANK - SANTA CLARA A DIVISION
1995 EL CAMINO REAL
SANTA CLARA, CA 95050

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3532 - Mining Machinery and Equipment

NAICS Code

333131 - Mining Machinery and Equipment Manufacturing

Loan Approval Date

3/28/2000

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 3 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Where to Get an SBA Loan in Santa Clara, California

Getting an SBA Loan in California