Central Valley Community Bank Gives Bank Loan to Wineries Company

Would a California bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this California bank, which offers SBA loans to California entrepreneurs.

Getting a small business loan in Madera, California was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Central Valley Community Bank. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: WINERIES
MADERA, CA 93638

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
40266 JUNCTION DR
OAKHURST, CA 93644

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312130 - Wineries

Loan Approval Date

4/16/2003

Loan Approval Gross Amount

$1,376,300

Loan Approval from the SBA

Of the total $1,376,300 loan amount, the SBA guaranteed $999,882.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Central Valley Community Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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