Bakersfield, California Bank Lends Money to Health And Personal Care Stores Company in Bakersfield, California

Thinking about meeting with a Bakersfield, California bank about a business loan? Here's one California business loan, issued by a Bakersfield bank, that was approved by the SBA.

Applying for an SBA loan with San Joaquin Bank worked out well for our friends at one local business in Bakersfield, California. They got an SBA loan for $575,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
BAKERSFIELD, CA 93308

SBA Loan Lender

SAN JOAQUIN BANK
1301 17TH ST
BAKERSFIELD, CA 93301

This lender provides SBA debt financing 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

446199 - Health and Personal Care Stores

Loan Approval Date

6/12/2001

Loan Approval Gross Amount

$575,000

Loan Approval from the SBA

Of the total $575,000 loan amount, the SBA guaranteed $431,250.

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 26 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. San Joaquin Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, San Joaquin Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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SBA Approved Banks in Bakersfield, California

California SBA 7A Lenders