Porterville, California Lender Lends Money to Apiculture Company
Want to talk with a Porterville, California bank about a business loan? Here's one California business loan, issued by a Porterville bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of The Sierra worked out well for our friends at one local business in Springville, California. They received an SBA loan for $150,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: APICULTURE
SPRINGVILLE, CA 93265
SBA Loan Lender
BANK OF THE SIERRA
86 N MAIN ST
PORTERVILLE, CA 93257
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
112910 - Apiculture
Loan Approval Date
9/25/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Sierra and they will explain how you can get an SBA loan for your company.
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:
Startup Funding Tip
SBA Participating Banks in Porterville, California
California SBA 7A Lenders