Kingsburg, California Business Gets SBA-Guaranteed Funding from United Security Bank

An SBA loan from United Security Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kingsburg, California business owner got a $295,000 loan.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Security Bank, out of Fresno, California. The loan was granted and they received $295,000 to help grow their Kingsburg, California business.

SBA Loan Borrower

COMPANY TYPE: NONCITRUS FRUIT FARMING
KINGSBURG, CA 93631

SBA Loan Lender

UNITED SECURITY BANK
2126 INYO ST
FRESNO, CA 93710

This business loan 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

111339 - Noncitrus Fruit Farming

Loan Approval Date

4/5/2002

Loan Approval Gross Amount

$295,000

Loan Approval from the SBA

Of the total $295,000 loan amount, the SBA guaranteed $221,250.

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 only one employee. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Kingsburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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