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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Santa Barbara, Business Loans > Pacific Cap. Bank Santa Barbara Business Loans > Farm Labor Contractors And Crew Leaders Loan | ||||
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How to Get SBA Money in Hollister, California
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California Small Business Loan Issued to Farm Labor Contractors And Crew Leaders CompanyCaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan. By giving the right information to Pacific Cap. Bank, this Hollister, California business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: FARM LABOR CONTRACTORS AND CREW LEADERS SBA Loan Lender PACIFIC CAP. BANK The lender provided this loan for a small business 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 115115 - Farm Labor Contractors and Crew Leaders Loan Approval Date 1/16/2008 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. This loan was not for a franchise. At the time of the loan, the company had 1200 employees. The loan application indicated that the borrowed money would help create 1200 new jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Small Business Banks in Santa Barbara, California
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