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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Cupertino, Business Loans > Cupertino National Bank A Division Cupertino Business Loans > Food Stores Loan | ||||
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SBA Lenders California
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Cupertino, California Lender Lends Money to Food Stores CompanyA Cupertino, California business loan can be yours. Learn how a business got a $860,000 business loan from this California bank. This loan to a local firm is a good example of an SBA loan. Cupertino National Bank A Division made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FOOD STORES SBA Loan Lender CUPERTINO NATIONAL BANK A DIVISION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5499 - Food Stores Loan Approval Date 7/27/2000 Loan Approval Gross Amount $860,000 Loan Approval from the SBA Of the total $860,000 loan amount, the SBA guaranteed $645,000. 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 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks in Cupertino, California Getting an SBA Loan in California
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