Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Salinas, California SBA 7A Banks

 

 
Loan Census SBA Loan Info

Salinas, California Bank Lends Money to Periodical Publishers Company in Salinas, California

Want to talk with a Salinas, California bank about a business loan? Here's one California business loan, issued by a Salinas bank, that was approved by the SBA.

Applying for an SBA loan with Community Bank - Cent. Californi worked out well for our friends at one local business in Salinas, California. They received an SBA loan for $80,000. Great job!

SBA Loan Borrower

COMPANY TYPE: PERIODICAL PUBLISHERS
SALINAS, CA 93901

SBA Loan Lender

COMMUNITY BANK - CENT. CALIFORNI
301 MAIN ST
SALINAS, CA 93901

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.

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

8/23/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank - Cent. Californi so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Raising VC Money for Social Networking Companies

Banks in Salinas, California

California SBA 7A Banks