Financing for Engineering Services

Looking for commercial loans for engineering services? Talk to a banker who works with the SBA. This $765,000 engineering services loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Citibank, out of San Francisco, California. The loan was granted and they received $765,000 to help grow their Van Nuys, California business.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
VAN NUYS, CA 91406

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

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.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

6/8/2000

Loan Approval Gross Amount

$765,000

Loan Approval from the SBA

Of the total $765,000 loan amount, the SBA guaranteed $573,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 35 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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