Business Loans for Vending Machine Operators
Looking for business loans for vending machine operators? Try the SBA. This $40,000 vending machine operators loan was issued by a California bank.
Getting a small business loan in Berkeley, California was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Mission National Bank, operating out of San Francisco, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: VENDING MACHINE OPERATORS
BERKELEY, CA 94705
SBA Loan Lender
MISSION NATIONAL BANK
3060 16TH ST
SAN FRANCISCO, CA 94103
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454210 - Vending Machine Operators
Loan Approval Date
12/7/2007
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
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
Find an SBA Lender in San Francisco, California
California SBA Bank Lenders