Umpqua Bank Gives Business Loan to Passenger Car Rental Company
CaliforniaSBA loans are available to California entrepreneurs through the SBA. In this case, a California bank provides the loan.
By giving the right information to Umpqua Bank, this Shingle Springs, California business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: PASSENGER CAR RENTAL
SHINGLE SPRINGS, CA 95682
SBA Loan Lender
UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7514 - Passenger Car Rental
NAICS Code
532111 - Passenger Car Rental
Loan Approval Date
6/1/2000
Loan Approval Gross Amount
$25,200
Loan Approval from the SBA
Of the total $25,200 loan amount, the SBA guaranteed $20,160.
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. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
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 $25,200 loan. Remember, where there is a will, there is a way!
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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