Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Martinez Small Business Owners

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Piece Goods, Notions, and Dry Goods Wholesalers

Looking for commercial loans for piece goods, notions, and dry goods wholesalers? Talk to a banker who works with the SBA. This $250,000 piece goods, notions, and dry goods wholesalers loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with County Bank, out of Merced, California. The loan was granted and they received $250,000 to help grow their Martinez, California business.

SBA Loan Borrower

COMPANY TYPE: HOMEFURNISHINGS
MARTINEZ, CA 94553

SBA Loan Lender

COUNTY BANK
550 W MAIN ST
MERCED, CA 95340

This commercial loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5023 - Homefurnishings

NAICS Code

422310 - Piece Goods, Notions, and Dry Goods Wholesalers

Loan Approval Date

9/30/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 11 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Martinez 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.

Related Links:

Family and Friend Investors - Your First Financiers

Good Banks for Small Business in Merced, California

California SBA 7A Banks