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April 26, 2024  
 
 
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California Bank SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Sonora, California Bank to Get an SBA Loan

Want to talk with a Sonora, California bank about an SBA loan? Here's one California business loan, issued by a Sonora bank, that was approved by the SBA.

Applying for an SBA loan with Umpqua Bank worked out well for our friends at one local business in Escalon, California. The business was able to get an SBA loan for $332,300. Way to go!

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
ESCALON, CA 95320

SBA Loan Lender

UMPQUA BANK
13775-C MONO WAY
SONORA, CA 95370

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

445110 - Supermarkets and Grocery Stores

Loan Approval Date

4/14/2004

Loan Approval Gross Amount

$332,300

Loan Approval from the SBA

Of the total $332,300 loan amount, the SBA guaranteed $249,225.

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 25 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 45 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Determining Proper Capital Structure for a Business

Best Sonora, California Banks for Small Business

Getting a Business Loan in California