Gilroy, California Business Gets SBA-Guaranteed Funding from Community Bank - Cent. Californi

Community Bank - Cent. Californi has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.

Getting a small business loan in Gilroy, California was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank - Cent. Californi, operating out of Salinas, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
GILROY, CA 95020

SBA Loan Lender

COMMUNITY BANK - CENT. CALIFORNI
301 MAIN ST
SALINAS, CA 93901

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

9/20/2002

Loan Approval Gross Amount

$143,200

Loan Approval from the SBA

Of the total $143,200 loan amount, the SBA guaranteed $121,720.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Gilroy CA, you ought to talk with a local Gilroy SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gilroy businesses.

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.

Related Links:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Salinas, California

SBA Lenders in California