Where to Get Capital for Architectural Services

Looking for small business loans for architectural services? The SBA may be the answer. This $279,000 architectural services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Windsor, California was able to borrow $279,000 from Summit State Bank. The SBA made the loan possible by guaranteeing $209,250 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
WINDSOR, CA 95492

SBA Loan Lender

SUMMIT STATE BANK
500 BICENTENNIAL WAY
SANTA ROSA, CA 95403

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541310 - Architectural Services

Loan Approval Date

12/30/2004

Loan Approval Gross Amount

$279,000

Loan Approval from the SBA

Of the total $279,000 loan amount, the SBA guaranteed $209,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $279,000 loan. Remember, feel the fear, and do it anyway.

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:

Accountant's Role in Securing Financing

Small Bank Loans in Santa Rosa, California

California SBA Bank Lenders