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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Ontario, Business Loans > Citizens Business Bank Ontario Business Loans > The Wine Tailor Loan | ||||
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Raising Money in Rancho Cucamonga, California With SBA Loans
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Rancho Cucamonga, CA Entrepreneur Gets SBA Loan to Buy Wine Not FranchiseBorrowing money to purchase a Wine Not franchise? Citizens Business Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Wine Not franchise? If so, here's a 2004 SBA franchise loan that you should know about. Citizens Business Bank was the lender and the entrepreneur was based in Rancho Cucamonga, California. SBA Loan Borrower THE WINE TAILOR SBA Loan Lender CITIZENS BUSINESS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 10/4/2004 Loan Approval Gross Amount $199,000 Loan Approval from the SBA Of the total $199,000 loan amount, the SBA guaranteed $149,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Wine Not franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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: Borrowing Money from Friends and Family Where to Get an SBA Loan in Ontario, California SBA Participating Banks in California
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