Santa Rosa, California Business Gets SBA-Guaranteed Funding from Summit State Bank

An SBA loan from Summit State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Santa Rosa, California business owner got a $455,302 loan.

Getting a small business loan in Santa Rosa, 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 Summit State Bank, operating out of Santa Rosa, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SANTA ROSA, CA 95404

SBA Loan Lender

SUMMIT STATE BANK
500 BICENTENNIAL WAY
SANTA ROSA, CA 95403

This SBA business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

8/3/2006

Loan Approval Gross Amount

$455,302

Loan Approval from the SBA

Of the total $455,302 loan amount, the SBA guaranteed $341,477.

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 only one employee. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Santa Rosa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

SBA Participating Banks in Santa Rosa, California

Getting an SBA Loan in California