Entrepreneur Works With Fresno, California Bank to Get an SBA Loan
Get SBA loans from a Fresno, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Premier Valley Bank is a Fresno, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: PHARMACIES AND DRUG STORES
TURLOCK, CA 95382
SBA Loan Lender
PREMIER VALLEY BANK
8355 N FRESNO ST, STE 180
FRESNO, CA 93720
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446110 - Pharmacies and Drug Stores
Loan Approval Date
7/11/2005
Loan Approval Gross Amount
$185,000
Loan Approval from the SBA
Of the total $185,000 loan amount, the SBA guaranteed $138,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 Premier Valley Bank 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:
Business Credit Evaluation
Where to Get an SBA Loan in Fresno, California
California SBA Banks