Business Loans for Frozen Specialty Food Manufacturing

Looking for business loans for frozen specialty food manufacturing? Talk to a banker who works with the SBA. This $218,630 frozen specialty food manufacturing loan was issued by a California bank.

Getting a small business loan in Pleasnton, California was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Mechanics Bank, operating out of Point Richmond, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FROZEN SPECIALTY FOOD MANUFACTURING
PLEASNTON, CA 94566

SBA Loan Lender

THE MECHANICS BANK
1001 W CUTTING BLVD
POINT RICHMOND, CA 94804

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311412 - Frozen Specialty Food Manufacturing

Loan Approval Date

2/27/2004

Loan Approval Gross Amount

$218,630

Loan Approval from the SBA

Of the total $218,630 loan amount, the SBA guaranteed $163,973.

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 documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

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

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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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California SBA 7A Lenders