How to Get a Loan for Fresh Fruit and Vegetable Wholesalers

Looking for SBA loans for fresh fruit and vegetable wholesalers? Talk to a banker who works with the SBA. This $1,089,000 fresh fruit and vegetable wholesalers loan was issued by a Missouri bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $1,089,000 to help grow their Temecula, California business.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUIT AND VEGETABLE WHOLESALERS
TEMECULA, CA 92590

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422480 - Fresh Fruit and Vegetable Wholesalers

Loan Approval Date

4/30/2001

Loan Approval Gross Amount

$1,089,000

Loan Approval from the SBA

Of the total $1,089,000 loan amount, the SBA guaranteed $816,750.

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 54 employees. This SBA loan request indicated that the loan would help retain 54 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Ge Cap. Small Business Finan Corp 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:

Getting a Small Business Loan

SBA 7A Banks for St. Louis, Missouri Loans

Browse All Business Loan Sources for Missouri