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

SBA Lender Sun Valley California

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Specialty Trade Contractors

Looking for loans for specialty trade contractors? Try the SBA. This $275,000 specialty trade contractors loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Beach Business Bank, out of Manhattan Beach, California. The loan was granted and they received $275,000 to help grow their Sun Valley, California business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
SUN VALLEY, CA 91352

SBA Loan Lender

BEACH BUSINESS BANK
1230 ROSECRANS AVE, STE 100
MANHATTAN BEACH, CA 90266

This lender provides SBA 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

238990 - Specialty Trade Contractors

Loan Approval Date

11/18/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Sun Valley CA, you ought to talk with a local Sun Valley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun Valley businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Beach Business Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Financing Your Business

SBA 7A Lenders in Manhattan Beach, California

Getting an SBA Loan in California