Where to Get Capital for Soil Preparation, Planting, and Cultivating
With these SBA loans for soil preparation, planting, and cultivating, the SBA guarantees the lender that the loan will be repaid. This soil preparation, planting, and cultivating loan for $565,000 was given to a California entrepreneur in 2001.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Farmers & Merchants Bank - Cent., out of Elk Grove, California. The loan was granted and they received $565,000 to help grow their Lodi, California business.
SBA Loan Borrower
COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING
LODI, CA 95240
SBA Loan Lender
FARMERS & MERCHANTS BANK - CENT.
8788 ELK GROVE BLVD
ELK GROVE, CA 95624
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
115112 - Soil Preparation, Planting, and Cultivating
Loan Approval Date
6/22/2001
Loan Approval Gross Amount
$565,000
Loan Approval from the SBA
Of the total $565,000 loan amount, the SBA guaranteed $423,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
This SBA loan was for $565,000. How would you spend $565,000 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:
Bank Credit Lines
SBA 7A Lenders in Elk Grove, California
Getting a Business Loan in California