Soft Drink Manufacturing Commercial Loans
With these commercial loans for soft drink manufacturing, the SBA guarantees the lender that the loan will be repaid. This soft drink manufacturing loan for $670,000 was given to a California entrepreneur in 2000.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First Republic Bank, out of Walnut Creek, California. The loan was granted and they received $670,000 to help grow their Concord, California business.
SBA Loan Borrower
COMPANY TYPE: BOTTLED AND CANNED SOFT DRINKS
CONCORD, CA 94520
SBA Loan Lender
FIRST REPUBLIC BANK
1400 CIVIC DR
WALNUT CREEK, CA 94596
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.
SIC Code
2086 - Bottled and Canned Soft Drinks
NAICS Code
312111 - Soft Drink Manufacturing
Loan Approval Date
3/14/2000
Loan Approval Gross Amount
$670,000
Loan Approval from the SBA
Of the total $670,000 loan amount, the SBA guaranteed $502,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $670,000. How would you spend $670,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
SBIR Funding
Who Lends Money to Small Businesses in Walnut Creek, California
SBA Participating Banks in California