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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Manhattan Beach, Business Loans > Beach Business Bank Manhattan Beach Business Loans > Supermarkets And Grocery Stores Loan | ||||
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Manhattan Beach SBA Lenders
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Entrepreneur Works With Manhattan Beach, California Bank to Get an SBA LoanThinking about meeting with a Manhattan Beach, California bank about a business loan? Here's one California business loan, issued by a Manhattan Beach bank, that was approved by the SBA. Applying for an SBA loan with Beach Business Bank worked out well for our friends at one local company in Sacramento, California. They got an SBA loan for $497,000. Nice! SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender BEACH BUSINESS BANK 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 445110 - Supermarkets and Grocery Stores Loan Approval Date 11/30/2006 Loan Approval Gross Amount $497,000 Loan Approval from the SBA Of the total $497,000 loan amount, the SBA guaranteed $372,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Sacramento or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Manhattan Beach, California Getting an SBA Loan in California
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