Raising Money for Store Retailers

Looking for bank loans for store retailers? Talk to a banker who works with the SBA. This $82,000 store retailers loan was issued by a California bank.

Getting a small business loan in Fontana, California was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Arrowhead Central Cu, operating out of San Bernardino, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
FONTANA, CA 92335

SBA Loan Lender

ARROWHEAD CENTRAL CU
550 HOSPITALITY LN, STE 210
SAN BERNARDINO, CA 92408

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

3/15/2004

Loan Approval Gross Amount

$82,000

Loan Approval from the SBA

Of the total $82,000 loan amount, the SBA guaranteed $69,700.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 Arrowhead Central Cu 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.

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