Cookie and Cracker Manufacturing Commercial Loans
Looking for commercial loans for cookie and cracker manufacturing? Talk to a banker who works with the SBA. This $64,100 cookie and cracker manufacturing loan was issued by an Oregon bank.
Getting a small business loan in Sacramento, California was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Roseburg, Oregon. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
Sacramento, CA 95825
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311821 - Cookie and Cracker Manufacturing
Loan Approval Date
3/2/2007
Loan Approval Gross Amount
$64,100
Loan Approval from the SBA
Of the total $64,100 loan amount, the SBA guaranteed $32,050.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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