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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Lodi, Business Loans > Wells Fargo Bank Lodi Business Loans > Frozen Cakes, Pies, And Pastries Manufacturing Loan | ||||
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Lodi, California SBA Banks
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Lodi, California Bank Gives SBA Loan to Frozen Cakes, Pies, And Pastries Manufacturing CompanyWant to talk with a Lodi, California bank about an SBA loan? Here's one California business loan, issued by a Lodi bank, that was approved by the SBA. Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local firm in West Sacramento, California. The business was able to get an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: FROZEN CAKES, PIES, AND PASTRIES MANUFACTURING SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311813 - Frozen Cakes, Pies, and Pastries Manufacturing Loan Approval Date 6/10/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Realistic Debt Financing Options
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