Get an SBA Loan for Water, Sewer, and Pipeline Construction
Looking for bank loans for water, sewer, and pipeline construction? The SBA may be the answer. This $630,000 water, sewer, and pipeline construction loan was issued by a California bank.
Getting a small business loan in Santa Paula, California was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First California Bank, operating out of Camarillo, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: WATER, SEWER, AND UTILITY LINES
SANTA PAULA, CA 93060
SBA Loan Lender
FIRST CALIFORNIA BANK
1100 PASEO CAMARILLO
CAMARILLO, CA 93010
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1623 - Water, Sewer, and Utility Lines
NAICS Code
234910 - Water, Sewer, and Pipeline Construction
Loan Approval Date
1/23/2002
Loan Approval Gross Amount
$630,000
Loan Approval from the SBA
Of the total $630,000 loan amount, the SBA guaranteed $472,500.
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 29 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First California Bank 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:
Advice on Getting a Small Business Loan
SBA 7A Lenders in Camarillo, California
SBA Participating Banks in California