San Jose, California Bank Gives SBA Loan to Fresh Fruit And Vegetable Merchant Wholesalers Company
Get SBA loans from a San Jose, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Heritage Bank Of Commerce is a San Jose, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: FRESH FRUIT AND VEGETABLE MERCHANT WHOLESALERS
SAN JOSE, CA 95112
SBA Loan Lender
HERITAGE BANK OF COMMERCE
150 ALMADEN BLVD
SAN JOSE, CA 95113
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424480 - Fresh Fruit and Vegetable Merchant Wholesalers
Loan Approval Date
4/24/2003
Loan Approval Gross Amount
$1,140,000
Loan Approval from the SBA
Of the total $1,140,000 loan amount, the SBA guaranteed $855,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 51 employees. This SBA loan request indicated that the loan would help retain 51 existing jobs.
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SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours 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.
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