Small Business Loans for Supermarkets and Grocery Stores
Looking for small business loans for supermarkets and grocery stores? The SBA may be the answer. This $27,500 supermarkets and grocery stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woodland Hills, California was able to borrow $27,500 from National Bank Of California. The SBA made the loan possible by guaranteeing $23,375 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
WOODLAND HILLS, CA 91364
SBA Loan Lender
NATIONAL BANK OF CALIFORNIA
145 S FAIRFAX AVE
LOS ANGELES, CA 90036
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445110 - Supermarkets and Grocery Stores
Loan Approval Date
3/19/2003
Loan Approval Gross Amount
$27,500
Loan Approval from the SBA
Of the total $27,500 loan amount, the SBA guaranteed $23,375.
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 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Woodland Hills CA, you ought to talk with a local Woodland Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Woodland Hills businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like National Bank Of California that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Banking Deregulation's Effects on Entrepreneurship
Find an SBA Lender in Los Angeles, California
Getting an SBA Loan in California