Community W. 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 up and coming company knew how to go about getting a business bank loan. Based in Santa Rosa, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Community W. Bank, based in Goleta, California.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
SANTA ROSA, CA 95401
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
This lender provides SBA guaranteed 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.
SIC Code
5411 - Grocery Stores
Loan Approval Date
4/12/2000
Loan Approval Gross Amount
$295,000
Loan Approval from the SBA
Of the total $295,000 loan amount, the SBA guaranteed $221,250.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
Related Links:
Alternative Financing
Good Banks for Small Business in Goleta, California
Getting a Business Loan in California