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Arcata Economic Development Corporation

Eureka, CA 95501

12
Loans Approved
$1.3M
Total Volume
$112K
Avg Loan Size
1
States Served

States Served

California

Top Industries Financed

  • Limited-Service Restaurants
  • Full-Service Restaurants
  • Mobile Food Services
  • Amusement Arcades
  • Car Washes

Quick Summary

Arcata Economic Development Corporation is an SBA-approved lender headquartered in Eureka, California. Since 2020, they have approved 12 SBA 7(a) loans totaling $1.3M, with an average loan size of $112K. They primarily serve California businesses.

About Arcata Economic Development Corporation

Arcata Economic Development Corporation is an SBA-approved lender headquartered in Eureka, California. Since 2020, they have approved 12 SBA 7(a) loans totaling $1.3M, with an average loan size of $112K. They primarily serve businesses in California.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Arcata Economic Development Corporation an SBA Preferred Lender?

Arcata Economic Development Corporation is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Arcata Economic Development Corporation approved?

According to SBA FOIA public records, Arcata Economic Development Corporation has approved 12 SBA 7(a) loans totaling $1.3M since 2020. Their average loan size is $112K.

What states does Arcata Economic Development Corporation serve?

Arcata Economic Development Corporation primarily serves businesses in California.

How do I apply for an SBA loan with Arcata Economic Development Corporation?

To apply for an SBA 7(a) loan with Arcata Economic Development Corporation, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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