SBA Loan from California Oaks State Bank Helps Heavy And Civil Engineering Construction Company

An SBA loan from California Oaks State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Simi Valley, California business owner got a $350,000 loan.

Getting a small business loan in Simi Valley, California was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from California Oaks State Bank, operating out of Thousand Oaks, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: HEAVY AND CIVIL ENGINEERING CONSTRUCTION
Simi Valley, CA 93063

SBA Loan Lender

CALIFORNIA OAKS STATE BANK
50 W HILLCREST DR
THOUSAND OAKS, CA 91360

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

237990 - Heavy and Civil Engineering Construction

Loan Approval Date

8/22/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the borrowed money would help generate 452 new jobs.

Start the Process for Getting an SBA Loan Today!

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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