Loans for Supermarkets and Grocery Stores
Looking for loans for supermarkets and grocery stores? Talk to a banker who works with the SBA. This $150,000 supermarkets and grocery stores loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wells Fargo Bank, out of San Jose, California. The loan was granted and they received $150,000 to help grow their West Hollywood (br. P.O. Name, California business.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
WEST HOLLYWOOD (BR. P.O. NAME, CA 90046
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445110 - Supermarkets and Grocery Stores
Loan Approval Date
7/26/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 12 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a company in West Hollywood (br. P.O. Name CA, you ought to talk with a local West Hollywood (br. P.O. Name SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Hollywood (br. P.O. Name businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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:
Debt Financing
Who Lends Money to Small Businesses in San Jose, California
Find an SBA Lender in California