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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Medicinal And Botanical Manufacturing Loan | ||||
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California Bank & Trust SBA 7A Loans
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Medicinal and Botanical Manufacturing SBA LoansWith these SBA loans for medicinal and botanical manufacturing, the SBA guarantees the lender that the loan will be repaid. This medicinal and botanical manufacturing loan for $50,000 was given to a California entrepreneur in 2004. This small business knew how to go about getting a business bank loan. Based in Cerritos (dairy Valley), California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was California Bank & Trust, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: MEDICINAL AND BOTANICAL MANUFACTURING SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 325411 - Medicinal and Botanical Manufacturing Loan Approval Date 8/13/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Cerritos (dairy Valley) CA, you ought to talk with a local Cerritos (dairy Valley) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cerritos (dairy Valley) businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like California Bank & Trust and they will explain how you can get an SBA loan for your company. 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: Family and Friend Investors - Your First Financiers SBA Participating Banks in Sacramento, California Find an SBA Lender in California
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