Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Sonora SBA Lenders

 

 
Loan Census SBA Loan Info

Sonora, California Bank Gives SBA Loan to Gasoline Stations With Convenience Stores Company

Get small business loans from a Sonora, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Umpqua Bank is a Sonora, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
TUOLUMNE, CA 95379

SBA Loan Lender

UMPQUA BANK
13775-C MONO WAY
SONORA, CA 95370

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

2/17/2004

Loan Approval Gross Amount

$338,600

Loan Approval from the SBA

Of the total $338,600 loan amount, the SBA guaranteed $253,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Umpqua Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Family and Friend Investors - Your First Financiers

SBA Banks in Sonora, California

Getting an SBA Loan in California