American River Bank SBA Loan to Retail Bakeries Company

Want a California SBA loan? Here's one California business loan that was approved by the SBA.

This small business needed an SBA business loan in Pioneer, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from American River Bank, operating out of Jackson, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
PIONEER, CA 95666

SBA Loan Lender

AMERICAN RIVER BANK
933 S HWY 49
JACKSON, CA 95642

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

Loan Approval Date

3/28/2000

Loan Approval Gross Amount

$15,500

Loan Approval from the SBA

Of the total $15,500 loan amount, the SBA guaranteed $12,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for 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 small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Pioneer CA, you ought to talk with a local Pioneer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pioneer businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $15,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Accountant's Role in Securing Financing

SBA Participating Banks in Jackson, California

California SBA Banks