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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Wilshire State Bank Los Angeles Business Loans > Frozen Fruit, Juice, And Vegetable Manufacturing Loan | ||||
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Wilshire State Bank Small Business Loan
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Get an SBA Loan for Frozen Fruit, Juice, and Vegetable ManufacturingLooking for small business loans for frozen fruit, juice, and vegetable manufacturing? Talk to a banker who works with the SBA. This $65,000 frozen fruit, juice, and vegetable manufacturing loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Yorba Linda, California was able to borrow $65,000 from Wilshire State Bank. The SBA made the loan possible by guaranteeing $32,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: FROZEN FRUIT, JUICE, AND VEGETABLE MANUFACTURING SBA Loan Lender WILSHIRE STATE BANK 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 311411 - Frozen Fruit, Juice, and Vegetable Manufacturing Loan Approval Date 8/3/2005 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $32,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 indicated that the loan would help retain 4 existing jobs. 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. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Small Business Banks in Los Angeles, California Where to Get an SBA Loan California
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