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May 7, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Merced, Business Loans > County Bank Merced Business Loans > Pesticide And Agricultural Chemical Manufacturing Loan | ||||
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Get an SBA Loan from County Bank
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Turlock, California Business Gets SBA-Guaranteed Funding from County BankAn SBA loan from County Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Turlock, California business owner got a $260,000 loan. This small firm knew how to go about getting a business bank loan. Based in Turlock, California, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was County Bank, based in Merced, California. SBA Loan Borrower COMPANY TYPE: PESTICIDE AND AGRICULTURAL CHEMICAL MANUFACTURING SBA Loan Lender COUNTY BANK This lender provides SBA 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 325320 - Pesticide and Agricultural Chemical Manufacturing Loan Approval Date 11/1/2007 Loan Approval Gross Amount $260,000 Loan Approval from the SBA Of the total $260,000 loan amount, the SBA guaranteed $195,000. 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 15 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to borrow money from friends and family, 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: Microlending as a Small Business Funding Source
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