San Diego National Bank SBA Loan to Grocery Stores Company
Looking to get a California SBA loan? Here's one California business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in San Ysidro, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was San Diego National Bank, based in San Diego, California.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
SAN YSIDRO, CA 92173
SBA Loan Lender
SAN DIEGO NATIONAL BANK
1420 KETTNER BLVD
SAN DIEGO, CA 92101
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.
SIC Code
5411 - Grocery Stores
Loan Approval Date
9/26/2000
Loan Approval Gross Amount
$206,000
Loan Approval from the SBA
Of the total $206,000 loan amount, the SBA guaranteed $154,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $206,000. How would you spend $206,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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