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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Fresh Fruit and Vegetable Wholesalers Business Loans

Looking for business loans for fresh fruit and vegetable wholesalers? Try the SBA. This $1,540,000 fresh fruit and vegetable wholesalers loan was issued by a California bank.

Getting a small business loan in San Diego, California was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Sacramento, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUITS AND VEGETABLES
SAN DIEGO, CA 92121

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
PO BOX 13278
SACRAMENTO, CA 95813

This commercial loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5148 - Fresh Fruits and Vegetables

NAICS Code

422480 - Fresh Fruit and Vegetable Wholesalers

Loan Approval Date

2/9/2000

Loan Approval Gross Amount

$1,540,000

Loan Approval from the SBA

Of the total $1,540,000 loan amount, the SBA guaranteed $749,995.

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 30 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Business Incubators

Who Lends Money to Small Businesses in Sacramento, California

Getting an SBA Loan in California