Santa Rosa, California Bank Gives SBA Loan to Breweries Company

Thinking about meeting with a Santa Rosa, California bank about a business loan? Here's one California business loan, issued by a Santa Rosa bank, that was approved by the SBA.

Applying for an SBA loan with First Community Bank worked out well for our friends at one local firm in Healdburg, California. The business was able to get an SBA loan for $600,000. Nice!

SBA Loan Borrower

COMPANY TYPE: BREWERIES
HEALDBURG, CA 95448

SBA Loan Lender

FIRST COMMUNITY BANK
438 FIRST ST
SANTA ROSA, CA 95404

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

312120 - Breweries

Loan Approval Date

7/19/2005

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 63 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Obtaining Funding From a Venture Capitalist

SBA 7A Banks for Santa Rosa, California Loans

Getting an SBA Loan in California