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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Fresno, Business Loans > Premier Valley Bank Fresno Business Loans > Full-Service Restaurants Loan | ||||
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Who Can Get a Business Loan in Clovis, California?
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Full-Service Restaurants LoansLooking for loans for full-service restaurants? Try the SBA. This $408,000 full-service restaurants loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Clovis, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Premier Valley Bank, based in Fresno, California. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender PREMIER VALLEY 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 722110 - Full-Service Restaurants Loan Approval Date 7/5/2006 Loan Approval Gross Amount $408,000 Loan Approval from the SBA Of the total $408,000 loan amount, the SBA guaranteed $306,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 35 new jobs and retain 55 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Fresno, California Banks for Small Business Getting a Business Loan in California
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