Soil Preparation, Planting, and Cultivating Business Loans
Looking for business loans for soil preparation, planting, and cultivating? Try the SBA. This $200,000 soil preparation, planting, and cultivating loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Chowchilla, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was County Bank, based in Merced, California.
SBA Loan Borrower
COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING
CHOWCHILLA, CA 93610
SBA Loan Lender
COUNTY BANK
550 W MAIN ST
MERCED, CA 95340
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
115112 - Soil Preparation, Planting, and Cultivating
Loan Approval Date
10/2/2002
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like County Bank and they will explain how you can get an SBA loan for your company.
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:
Alternative Financing
SBA Banks in Merced, California
Getting an SBA Loan in California