Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Best Banks for Merced Business Owners

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Baked Goods Stores

With these loans for baked goods stores, the SBA guarantees the lender that the loan will be repaid. This baked goods stores loan for $26,000 was given to a California entrepreneur in 2001.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with County Bank, out of Merced, California. The loan was granted and they received $26,000 to help grow their Merced, California business.

SBA Loan Borrower

COMPANY TYPE: BAKED GOODS STORES
MERCED, CA 95340

SBA Loan Lender

COUNTY BANK
550 W MAIN ST
MERCED, CA 95340

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

445291 - Baked Goods Stores

Loan Approval Date

9/20/2001

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like County Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Raising VC Money for Social Networking Companies

Where to Get an SBA Loan in Merced, California

Getting a Business Loan in California