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July 22, 2024  
 
 
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Loan Census SBA Loan Info

California Business Loan Issued to Confectionery Merchant Wholesalers Company

CaliforniaBank loans are available to California firms through the SBA. In this case, a California bank provides the loan.

Getting a small business loan in Santa Fe Springs, California was a top priority for this loan applicant back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Promerica Bank. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CONFECTIONERY MERCHANT WHOLESALERS
SANTA FE SPRINGS, CA 90670

SBA Loan Lender

PROMERICA BANK
888 S FIGUEROA ST, STE 100
LOS ANGELES, CA 90017

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424450 - Confectionery Merchant Wholesalers

Loan Approval Date

7/31/2007

Loan Approval Gross Amount

$506,000

Loan Approval from the SBA

Of the total $506,000 loan amount, the SBA guaranteed $379,500.

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 9 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

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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