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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > San Diego, Business Loans > California Bank & Trust San Diego Business Loans > Commercial And Institutional Building Construction Loan | ||||
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West Palm Beach, Florida Bank Loan
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Commercial and Institutional Building Construction Bank LoansLooking for bank loans for commercial and institutional building construction? Try the SBA. This $100,000 commercial and institutional building construction loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with California Bank & Trust, out of San Diego, California. The loan was granted and they received $100,000 to help grow their West Palm Beach, Florida business. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 236220 - Commercial and Institutional Building Construction Loan Approval Date 7/25/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 9 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Who Lends Money to Small Businesses in San Diego, California
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