Rancho Cordova, California Lender Lends Money to Transportation Services Company

Thinking about meeting with a Rancho Cordova, California bank about an SBA loan? Here's one California business loan, issued by a Rancho Cordova bank, that was approved by the SBA.

Applying for an SBA loan with Bank - America California worked out well for our friends at one local firm in Vista, California. They received an SBA loan for $201,500. Nice!

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION SERVICES
VISTA, CA 92083

SBA Loan Lender

BANK - AMERICA CALIFORNIA
10850 WHITE ROCK ROAD, STE 10
RANCHO CORDOVA, CA 95670

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4789 - Transportation Services

Loan Approval Date

5/30/2000

Loan Approval Gross Amount

$201,500

Loan Approval from the SBA

Of the total $201,500 loan amount, the SBA guaranteed $151,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank - America California so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Bank Credit Lines

SBA Banks in Rancho Cordova, California

SBA Participating Banks in California