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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Culver City, Business Loans > Alliance Bank Culver City Business Loans > Food Preparations Loan | ||||
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Small Business Banks in California
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Food Manufacturing Commercial LoansLooking for commercial loans for food manufacturing? Try the SBA. This $469,000 food manufacturing loan was issued by a California bank. This small business knew how to go about getting a business bank loan. Based in Rosemead, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Alliance Bank, based in Culver City, California. SBA Loan Borrower COMPANY TYPE: FOOD PREPARATIONS SBA Loan Lender ALLIANCE BANK 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. SIC Code 2099 - Food Preparations NAICS Code 311999 - Food Manufacturing Loan Approval Date 11/28/2001 Loan Approval Gross Amount $469,000 Loan Approval from the SBA Of the total $469,000 loan amount, the SBA guaranteed $351,750. 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 19 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Banks in Culver City, California Getting an SBA Loan in California
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