Loan Census Banking News and Information
November 14, 2024  
 
 
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Examples of Sun City SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Specialty Trade Contractors

With these business loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $25,000 was given to a California entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Sun City, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Silver State Bank, based in Henderson, Nevada.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
Sun City, CA 92585

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

238990 - Specialty Trade Contractors

Loan Approval Date

2/13/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 20 employees. The loan application indicated that the loan would help retain 20 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Sun City CA, you ought to talk with a local Sun City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun City businesses.

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

Small Bank Loans in Henderson, Nevada

SBA Lenders in Nevada