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

Examples of San Bernardino SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Tortilla Manufacturing

With these small business loans for tortilla manufacturing, the SBA guarantees the lender that the loan will be repaid. This tortilla manufacturing loan for $500,000 was given to a California entrepreneur in 2003.

Getting a small business loan in San Bernardino, California was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of San Francisco, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TORTILLA MANUFACTURING
SAN BERNARDINO, CA 92411

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311830 - Tortilla Manufacturing

Loan Approval Date

2/28/2003

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 120 employees. The loan application indicated that the loan would help retain 120 existing jobs.

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

If you are raising money in San Bernardino CA, you ought to talk with a local San Bernardino SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Bernardino businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West 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:

Understanding Dilution

Who Lends Money to Small Businesses in San Francisco, California

California SBA 7A Lenders