Get an SBA Loan for Coffee and Tea Manufacturing

Looking for small business loans for coffee and tea manufacturing? Talk to a banker who works with the SBA. This $1,000,000 coffee and tea manufacturing loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Alliance Bank, out of Culver City, California. The loan was granted and they received $1,000,000 to help grow their Alhambra, California business.

SBA Loan Borrower

COMPANY TYPE: COFFEE AND TEA MANUFACTURING
ALHAMBRA, CA 91803

SBA Loan Lender

ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230

This lender provides SBA bank 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

311920 - Coffee and Tea Manufacturing

Loan Approval Date

12/17/2002

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

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

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 $1,000,000 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:

Family and Friend Investors - Your First Financiers

SBA Participating Banks in Culver City, California

Where to Get an SBA Loan California