Business Loans for Retail Bakeries
With these business loans for retail bakeries, the SBA guarantees the lender that the loan will be repaid. This retail bakeries loan for $56,000 was given to a California entrepreneur in 2001.
Getting a small business loan in Pomona, California was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Vineyard Bank, operating out of Chino, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL BAKERIES
POMONA, CA 91766
SBA Loan Lender
5455 RIVERSIDE DR
CHINO, CA 91710
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
5461 - Retail Bakeries
311811 - Retail Bakeries
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $56,000 loan amount, the SBA guaranteed $47,600.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $56,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
Borrowing Money from Friends and Family
Who Lends Money to Small Businesses in Chino, California
SBA California Banks