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April 20, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Diego, Business Loans > U.S. Bank National Association San Diego Business Loans > Fresh Fruit And Vegetable Wholesalers Loan | ||||
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U.S. Bank National Association Loans
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Where to Get Capital for Fresh Fruit and Vegetable WholesalersLooking for SBA loans for fresh fruit and vegetable wholesalers? Try the SBA. This $1,217,000 fresh fruit and vegetable wholesalers loan was issued by a California bank. This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with U.S. Bank National Association, out of San Diego, California. The loan was granted and they received $1,217,000 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: FRESH FRUIT AND VEGETABLE WHOLESALERS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422480 - Fresh Fruit and Vegetable Wholesalers Loan Approval Date 12/24/2003 Loan Approval Gross Amount $1,217,000 Loan Approval from the SBA Of the total $1,217,000 loan amount, the SBA guaranteed $912,750. 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 17 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Good Banks for Small Business in San Diego, California
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