Salinas, California Bank Lends Money to Newspaper Publishers Company in Hollister, California

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

Applying for an SBA loan with Community Bank - Cent. Californi worked out well for our friends at one local firm in Hollister, California. They received an SBA loan for $150,000. Great job!

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
HOLLISTER, CA 95023

SBA Loan Lender

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

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

511110 - Newspaper Publishers

Loan Approval Date

7/25/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 22 employees. This SBA loan request indicated that the loan would help retain 22 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Hollister CA, you ought to talk with a local Hollister SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hollister businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank - Cent. Californi that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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