Loan Census Banking News and Information
December 30, 2024  
 
 
  Business Loan Information  
 

Santa Cruz Bank Loan

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Santa Cruz, California Bank to Get an SBA Loan

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

Santa Cruz Community Cu is a Santa Cruz, 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: NONSCHEDULED AIR TRANSPORTATION
WATSONVILLE, CA 95076

SBA Loan Lender

SANTA CRUZ COMMUNITY CU
324 FRONT ST
SANTA CRUZ, CA 95060

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

481219 - Nonscheduled Air Transportation

Loan Approval Date

10/25/2006

Loan Approval Gross Amount

$14,200

Loan Approval from the SBA

Of the total $14,200 loan amount, the SBA guaranteed $7,100.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $14,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

The Art of Bootstrapping

Small Business Banks in Santa Cruz, California

Getting an SBA Loan in California