Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Santa Rosa, California SBA Banks

 

 
Loan Census SBA Loan Info

Santa Rosa, California Bank Gives SBA Loan to Specialty Trade Contractors Company

Thinking about meeting with a Santa Rosa, California bank about a business loan? Here's one California business loan, issued by a Santa Rosa bank, that was approved by the SBA.

Applying for an SBA loan with Safe-Bidco worked out well for our friends at one local firm in Santa Rosa, California. They got an SBA loan for $150,000. Great job!

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
SANTA ROSA, CA 95409

SBA Loan Lender

SAFE-BIDCO
1211 N. DUTTON AVE, SUITE D
SANTA ROSA, CA 95401

This SBA bank loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty 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

238990 - Specialty Trade Contractors

Loan Approval Date

12/17/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 4 employees. The SBA loan documents did not indicate that the company promised 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?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Safe-Bidco and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - How to Decide How Much to Raise

Where to Get an SBA Loan in Santa Rosa, California

SBA Lenders in California