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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Oakhurst, Business Loans > Central Valley Community Bank Oakhurst Business Loans > Petroleum And Petroleum Products Wholesalers Loan | ||||
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Business Loan from Central Valley Community Bank
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Business Loan from Central Valley Community Bank Given to Petroleum And Petroleum Products Wholesalers CompanyCentral Valley Community Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Central Valley Community Bank, out of Oakhurst, California. The loan was granted and they received $75,000 to help grow their Madera, California business. SBA Loan Borrower COMPANY TYPE: PETROLEUM AND PETROLEUM PRODUCTS WHOLESALERS SBA Loan Lender CENTRAL VALLEY COMMUNITY BANK 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 422720 - Petroleum and Petroleum Products Wholesalers Loan Approval Date 12/31/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. 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 funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, if it to be, it is up to me! 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: Small Bank Loans in Oakhurst, California
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