Business Loan from Umpqua Bank Given to Mattress Manufacturing Company
Umpqua Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Umpqua Bank, out of Roseville, California. The loan was granted and they received $425,000 to help grow their West Sacramento, California business.
SBA Loan Borrower
COMPANY TYPE: MATTRESS MANUFACTURING
WEST SACRAMENTO, CA 95691
SBA Loan Lender
UMPQUA BANK
2998 DOUGLAS BLVD, STE 100
ROSEVILLE, CA 95678
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.
NAICS Code
337910 - Mattress Manufacturing
Loan Approval Date
3/12/2002
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
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 24 employees. The SBA loan application for the borrower indicated that the loan would help retain 24 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source
We can help you find the best banks for small businesses in West Sacramento or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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