Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Atwater, California and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Grocery and Related Products Wholesalers

Looking for SBA loans for grocery and related products wholesalers? Try the SBA. This $30,000 grocery and related products wholesalers loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Atwater, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was County Bank, based in Merced, California.

SBA Loan Borrower

COMPANY TYPE: GROCERY AND RELATED PRODUCTS WHOLESALERS
ATWATER, CA 95301

SBA Loan Lender

COUNTY BANK
550 W MAIN ST
MERCED, CA 95340

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

422490 - Grocery and Related Products Wholesalers

Loan Approval Date

9/21/2001

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 documents indicated that the loan would help retain 2 existing jobs.

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

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from County Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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Small Bank Loans in Merced, California

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