Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

San Jose, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

San Jose, California Lender Lends Money to Fruit And Vegetable Markets Company

Get SBA loans from a San Jose, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

San Jose National Bank A Division 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: FRUIT AND VEGETABLE MARKETS
SUNNYVALE, CA 94087

SBA Loan Lender

SAN JOSE NATIONAL BANK A DIVISION
1 N MARKET ST
SAN JOSE, CA 95113

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445230 - Fruit and Vegetable Markets

Loan Approval Date

12/3/2001

Loan Approval Gross Amount

$325,000

Loan Approval from the SBA

Of the total $325,000 loan amount, the SBA guaranteed $243,750.

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. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Sunnyvale CA, you ought to talk with a local Sunnyvale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sunnyvale businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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