How to Get a Loan for Caterers

With these commercial loans for caterers, the SBA guarantees the lender that the loan will be repaid. This caterers loan for $124,500 was given to a California entrepreneur in 2007.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $124,500 to help grow their Westlake Village, California business.

SBA Loan Borrower

COMPANY TYPE: CATERERS
Westlake Village, CA 91362

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender provides SBA commercial 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

722320 - Caterers

Loan Approval Date

12/26/2007

Loan Approval Gross Amount

$124,500

Loan Approval from the SBA

Of the total $124,500 loan amount, the SBA guaranteed $93,375.

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 12 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Westlake Village CA, you ought to talk with a local Westlake Village SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Westlake Village businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Obtaining Funding - How to Borrow Money

SBA Banks in Cincinnati, Ohio

Ohio SBA 7A Banks