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November 23, 2024  
 
 
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We Needed a Commercial Loan in Sebastopol, California and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Funeral Homes and Funeral Services

Looking for loans for funeral homes and funeral services? An SBA loan may be just what you've been looking for. This $1,200,000 funeral homes and funeral services loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Sebastopol, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank - Petaluma A Division -, based in Petaluma, California.

SBA Loan Borrower

COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
SEBASTOPOL, CA 95473

SBA Loan Lender

BANK - PETALUMA A DIVISION -
1360 REDWOOD WAY
PETALUMA, CA 94954

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

9/28/2002

Loan Approval Gross Amount

$1,200,000

Loan Approval from the SBA

Of the total $1,200,000 loan amount, the SBA guaranteed $900,000.

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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank - Petaluma A Division - had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank - Petaluma A Division - made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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