Commercial Bakeries SBA Loans

Looking for SBA loans for commercial bakeries? An SBA loan may be just what you've been looking for. This $1,500,000 commercial bakeries loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Hayward, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was East West Bank, based in Pasadena, California.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL BAKERIES
HAYWARD, CA 94545

SBA Loan Lender

EAST WEST BANK
135 N LOS ROBLES AVE, 7TH FL
PASADENA, CA 91101

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311812 - Commercial Bakeries

Loan Approval Date

3/22/2007

Loan Approval Gross Amount

$1,500,000

Loan Approval from the SBA

Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000.

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 100 employees. This SBA loan request indicated that the loan would help generate 30 new jobs and retain 130 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Hayward CA, you ought to talk with a local Hayward SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hayward businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from East West Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Pasadena, California

Getting an SBA Loan in California