Bank Loans for Food Service Contractors
Looking for bank loans for food service contractors? The SBA may be the answer. This $50,000 food service contractors loan was issued by a Virginia bank.
Getting a small business loan in Lemon Grove, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Capital One, operating out of Mclean, Virginia. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FOOD SERVICE CONTRACTORS
LEMON GROVE, CA 91945
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722310 - Food Service Contractors
Loan Approval Date
12/6/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Lemon Grove CA, you ought to talk with a local Lemon Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lemon Grove businesses.
We can help you find the best banks for small businesses in Lemon Grove 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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