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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Oroville, Business Loans > Butte Community Bank Oroville Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Business Loans for Marysville Entrepreneurs
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Getting an SBA Loan for Snack and Nonalcoholic Beverage BarsLooking for commercial loans for snack and nonalcoholic beverage bars? Talk to a banker who works with the SBA. This $160,700 snack and nonalcoholic beverage bars loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Butte Community Bank, out of Oroville, California. The loan was granted and they received $160,700 to help grow their Marysville, California business. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender BUTTE COMMUNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 1/26/2005 Loan Approval Gross Amount $160,700 Loan Approval from the SBA Of the total $160,700 loan amount, the SBA guaranteed $120,525. 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 2 employees. This SBA loan request indicated that the loan would help generate 11 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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:
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