Fruit and Vegetable Canning Small Business Loans

Looking for small business loans for fruit and vegetable canning? Talk to a banker who works with the SBA. This $100,000 fruit and vegetable canning loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Fresno, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was United Security Bank, based in Fresno, California.

SBA Loan Borrower

COMPANY TYPE: CANNED FRUITS, VEGETABLES, PRESERVES AND JAMS
FRESNO, CA 93703

SBA Loan Lender

UNITED SECURITY BANK
2151 W SHAW AVE
FRESNO, CA 93711

This lender issued this SBA business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2033 - Canned Fruits, Vegetables, Preserves and Jams

NAICS Code

311421 - Fruit and Vegetable Canning

Loan Approval Date

3/10/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Fresno, California

Getting an SBA Loan in California