Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Good Banks for Visalia Small Businesses

 

 
Loan Census SBA Loan Info

Financing for Mobile Food Services

Looking for commercial loans for mobile food services? The SBA may be the answer. This $4,600 mobile food services loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of The Sierra, out of Porterville, California. The loan was granted and they received $4,600 to help grow their Visalia, California business.

SBA Loan Borrower

COMPANY TYPE: MOBILE FOOD SERVICES
VISALIA, CA 93292

SBA Loan Lender

BANK OF THE SIERRA
86 N MAIN ST
PORTERVILLE, CA 93257

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722330 - Mobile Food Services

Loan Approval Date

7/22/2004

Loan Approval Gross Amount

$4,600

Loan Approval from the SBA

Of the total $4,600 loan amount, the SBA guaranteed $3,910.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $4,600 loan. Remember, if it to be, it is up to me!

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:

Equity Financing

Find an SBA Lender in Porterville, California

California SBA 7A Lenders