Santa Cruz Community Cu SBA Loan to Home Furnishings Stores Company

An SBA loan from Santa Cruz Community Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Santa Cruz, California business owner got a $35,000 loan.

Getting a small business loan in Santa Cruz, California was an essential business goal for this firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Santa Cruz Community Cu, operating out of Santa Cruz, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHINGS STORES
SANTA CRUZ, CA 95062

SBA Loan Lender

SANTA CRUZ COMMUNITY CU
324 FRONT ST
SANTA CRUZ, CA 95060

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

442299 - Home Furnishings Stores

Loan Approval Date

11/21/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 only one employee. This SBA loan request indicated that the loan would help create 1 new job.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $35,000 loan. Remember, if it to be, it is up to me!

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.

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