Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Safe-Bidco Commercial Loans

 

 
Loan Census SBA Loan Info

Loans for Support Activities for Animal Production

Looking for loans for support activities for animal production? An SBA loan may be just what you've been looking for. This $25,000 support activities for animal production loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Petaluma, California was able to borrow $25,000 from Safe-Bidco. The SBA made the loan possible by guaranteeing $12,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR ANIMAL PRODUCTION
PETALUMA, CA 94954

SBA Loan Lender

SAFE-BIDCO
1211 N. DUTTON AVE, SUITE D
SANTA ROSA, CA 95401

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

115210 - Support Activities for Animal Production

Loan Approval Date

12/28/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Safe-Bidco so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

The Friends and Family Network

Find an SBA Lender in Santa Rosa, California

California SBA 7A Lenders