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May 5, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Grocery Stores Loan | ||||
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California Bank SBA Loans
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Community W. Bank SBA Loan to Grocery Stores CompanyLooking to get a California SBA loan? Here's one California business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Santa Rosa, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Community W. Bank, based in Goleta, California. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender COMMUNITY W. BANK This lender provides SBA guaranteed 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. SIC Code 5411 - Grocery Stores Loan Approval Date 4/12/2000 Loan Approval Gross Amount $295,000 Loan Approval from the SBA Of the total $295,000 loan amount, the SBA guaranteed $221,250. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in Goleta, California Getting a Business Loan in California
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