Financing for Snack and Nonalcoholic Beverage Bars
Looking for commercial loans for snack and nonalcoholic beverage bars? Talk to a banker who works with the SBA. This $140,000 snack and nonalcoholic beverage bars loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Escondido, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was United Commercial Bank, based in Pasadena, California.
SBA Loan Borrower
COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
ESCONDIDO, CA 92029
SBA Loan Lender
UNITED COMMERCIAL BANK
199 S LOS ROBLES AVE, STE 780
PASADENA, CA 91101
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
3/13/2006
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $119,000.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 United Commercial 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:
The Art of Bootstrapping
Find an SBA Lender in Pasadena, California
Getting an SBA Loan in California