Soil Preparation, Planting, and Cultivating Small Business Loans
Looking for small business loans for soil preparation, planting, and cultivating? The SBA may be the answer. This $230,000 soil preparation, planting, and cultivating loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulare, California was able to borrow $230,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $172,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SOIL PREPARATION, PLANTING, AND CULTIVATING
TULARE, CA 93274
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
115112 - Soil Preparation, Planting, and Cultivating
Loan Approval Date
9/19/2001
Loan Approval Gross Amount
$230,000
Loan Approval from the SBA
Of the total $230,000 loan amount, the SBA guaranteed $172,500.
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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Determining Proper Capital Structure for a Business
Where to Get an SBA Loan in San Jose, California
California SBA Bank Lenders