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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sonora, Business Loans > Umpqua Bank Sonora Business Loans > Plastics And Rubber Industry Machinery Manufacturing Loan | ||||
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Who Lends Money to Sonora Small Business Owners
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Umpqua Bank Gives Bank Loan to Plastics And Rubber Industry Machinery Manufacturing CompanyBank loans in California are hard to find these days. We take a look at one California bank loan, provided by a California bank, that was approved by the SBA. You can learn something about getting a small business loan in Sonora, California by studying this loan to a local company, made back in 2001. Banks like Umpqua Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PLASTICS AND RUBBER INDUSTRY MACHINERY MANUFACTURING SBA Loan Lender UMPQUA BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333220 - Plastics and Rubber Industry Machinery Manufacturing Loan Approval Date 9/28/2001 Loan Approval Gross Amount $203,000 Loan Approval from the SBA Of the total $203,000 loan amount, the SBA guaranteed $152,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the loan proceeds 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. 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 Umpqua Bank 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 SBA 7A Banks in Sonora, California
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