Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Chowchilla Small Business Owners

 

 
Loan Census SBA Loan Info

Soil Preparation, Planting, and Cultivating Business Loans

Looking for business loans for soil preparation, planting, and cultivating? Try the SBA. This $200,000 soil preparation, planting, and cultivating loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Chowchilla, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was County Bank, based in Merced, California.

SBA Loan Borrower

COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING
CHOWCHILLA, CA 93610

SBA Loan Lender

COUNTY BANK
550 W MAIN ST
MERCED, CA 95340

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

115112 - Soil Preparation, Planting, and Cultivating

Loan Approval Date

10/2/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

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 County Bank 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:

Alternative Financing

SBA Banks in Merced, California

Getting an SBA Loan in California