Spice and Extract Manufacturing Commercial Loans
Looking for commercial loans for spice and extract manufacturing? Try the SBA. This $215,000 spice and extract manufacturing loan was issued by an Alaska bank.
This business knew how to go about getting a business bank loan. Based in Homer, Alaska, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Alaska Growth Cap. Bidco Inc., based in Anchorage, Alaska.
SBA Loan Borrower
COMPANY TYPE: SPICE AND EXTRACT MANUFACTURING
HOMER, AK 99603
SBA Loan Lender
ALASKA GROWTH CAP. BIDCO INC.
3900 C STREET, SUITE 302
ANCHORAGE, AK 99503
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311942 - Spice and Extract Manufacturing
Loan Approval Date
4/11/2006
Loan Approval Gross Amount
$215,000
Loan Approval from the SBA
Of the total $215,000 loan amount, the SBA guaranteed $161,250.
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 4 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $215,000. How would you spend $215,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
SBIR Funding
SBA Participating Banks in Anchorage, Alaska
Find an SBA Lender in Alaska