Fruit and Vegetable Canning Bank Loans

With these bank loans for fruit and vegetable canning, the SBA guarantees the lender that the loan will be repaid. This fruit and vegetable canning loan for $558,500 was given to a Florida entrepreneur in 2004.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $558,500 to help grow their Fort Myers, Florida business.

SBA Loan Borrower

COMPANY TYPE: FRUIT AND VEGETABLE CANNING
FORT MYERS, FL 33913

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

311421 - Fruit and Vegetable Canning

Loan Approval Date

11/4/2004

Loan Approval Gross Amount

$558,500

Loan Approval from the SBA

Of the total $558,500 loan amount, the SBA guaranteed $418,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower indicated that the loan would help generate 28 new jobs and retain 28 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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