Santa Barbara, California Lender Lends Money to Wine And Distilled Alcoholic Beverages Company
Get business loans from a Santa Barbara, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Pacific Cap. Bank is a Santa Barbara, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGES
GILROY, CA 95020
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and are well trained in SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5182 - Wine and Distilled Alcoholic Beverages
NAICS Code
422820 - Wine and Distilled Alcoholic Beverage Wholesalers
Loan Approval Date
3/1/2000
Loan Approval Gross Amount
$107,000
Loan Approval from the SBA
Of the total $107,000 loan amount, the SBA guaranteed $80,250.
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 8 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for 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.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Pacific Cap. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Pacific Cap. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
Who Lends Money to Small Businesses in Santa Barbara, California
California SBA 7A Lenders