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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > El Centro, Business Loans > Rabobank, National Association El Centro Business Loans > Fresh Fruit And Vegetable Wholesalers Loan | ||||
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Rabobank, National Association
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Business Loan from Rabobank, National Association Given to Fresh Fruit And Vegetable Wholesalers CompanyRabobank, National Association has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newport Beach, California was able to borrow $1,200,000 from Rabobank, National Association. The SBA made the loan possible by guaranteeing $900,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: FRESH FRUIT AND VEGETABLE WHOLESALERS SBA Loan Lender RABOBANK, NATIONAL ASSOCIATION This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422480 - Fresh Fruit and Vegetable Wholesalers Loan Approval Date 3/7/2002 Loan Approval Gross Amount $1,200,000 Loan Approval from the SBA Of the total $1,200,000 loan amount, the SBA guaranteed $900,000. 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 6 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Newport Beach or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 El Centro, California
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