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April 19, 2024  
 
 
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Loan Census SBA Loan Info

Spice and Extract Manufacturing Commercial Loans

Looking for commercial loans for spice and extract manufacturing? Try the SBA. This $215,000 spice and extract manufacturing loan was issued by an Alaska bank.

This business knew how to go about getting a business bank loan. Based in Homer, Alaska, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Alaska Growth Cap. Bidco Inc., based in Anchorage, Alaska.

SBA Loan Borrower

COMPANY TYPE: SPICE AND EXTRACT MANUFACTURING
HOMER, AK 99603

SBA Loan Lender

ALASKA GROWTH CAP. BIDCO INC.
3900 C STREET, SUITE 302
ANCHORAGE, AK 99503

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311942 - Spice and Extract Manufacturing

Loan Approval Date

4/11/2006

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

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 loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $215,000. How would you spend $215,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

SBIR Funding

SBA Participating Banks in Anchorage, Alaska

Find an SBA Lender in Alaska