Financing for Furniture Stores

Looking for loans for furniture stores? The SBA may be the answer. This $160,200 furniture stores loan was issued by a California bank.

Getting a small business loan in Visalia, California was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Butte Community Bank, operating out of Chico, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
VISALIA, CA 93291

SBA Loan Lender

BUTTE COMMUNITY BANK
2041 FOREST AVE
CHICO, CA 95928

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

8/10/2004

Loan Approval Gross Amount

$160,200

Loan Approval from the SBA

Of the total $160,200 loan amount, the SBA guaranteed $120,150.

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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $160,200. How would you spend $160,200 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:

Small Business Loan

SBA Participating Banks in Chico, California

California SBA 7A Lenders