Grape Vineyards Small Business Loans
Looking for small business loans for grape vineyards? The SBA may be the answer. This $1,150,000 grape vineyards 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 2002. The lending bank was United Security Bank, based in Fresno, California.
SBA Loan Borrower
COMPANY TYPE: GRAPE VINEYARDS
FRESNO, CA 93706
SBA Loan Lender
UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
111332 - Grape Vineyards
Loan Approval Date
4/5/2002
Loan Approval Gross Amount
$1,150,000
Loan Approval from the SBA
Of the total $1,150,000 loan amount, the SBA guaranteed $600,001.
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 7 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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 Security 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.
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Good Banks for Small Business in Fresno, California
California SBA Bank Lenders