Loan Census Banking News and Information
January 19, 2021  
 
 
  Business Loan Information  
 

Tracy, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Sporting Goods Stores

Looking for bank loans for sporting goods stores? Try the SBA. This $95,000 sporting goods stores loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Pacific State Bank, out of Tracy, California. The loan was granted and they received $95,000 to help grow their Tracy, California business.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES
TRACY, CA 95376

SBA Loan Lender

PACIFIC STATE BANK
2850 TRACY BLVD
TRACY, CA 95376

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

10/23/2001

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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 5 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels 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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Best Tracy, California Banks for Small Business

SBA Lenders in California