Fresno, California Lender Lends Money to Meat And Meat Product Wholesalers Company
Thinking about meeting with a Fresno, California bank about a business loan? Here's one California business loan, issued by a Fresno bank, that was approved by the SBA.
Applying for an SBA loan with United Security Bank worked out well for our friends at one local company in Fresno, California. They got an SBA loan for $1,318,000. Nice!
SBA Loan Borrower
COMPANY TYPE: MEAT AND MEAT PRODUCT WHOLESALERS
FRESNO, CA 93703
SBA Loan Lender
UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710
This SBA bank loan 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
422470 - Meat and Meat Product Wholesalers
Loan Approval Date
7/9/2001
Loan Approval Gross Amount
$1,318,000
Loan Approval from the SBA
Of the total $1,318,000 loan amount, the SBA guaranteed $988,500.
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 100 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,318,000 loan. Remember, if it to be, it is up to me!
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:
Alternative Financing
Where to Get an SBA Loan in Fresno, California
California SBA 7A Lenders