Financing for Book Stores

With these loans for book stores, the SBA guarantees the lender that the loan will be repaid. This book stores loan for $180,000 was given to a California entrepreneur in 2002.

Getting a small business loan in Madera, California was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Central Valley Community Bank, operating out of Oakhurst, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
MADERA, CA 93637

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
40266 JUNCTION DR
OAKHURST, CA 93644

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451211 - Book Stores

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Role of Business Plan When Raising Money

Best Oakhurst, California Banks for Small Business

California SBA 7A Lenders