Entrepreneur Works With Sacramento, California Bank to Get an SBA Loan
Get to know Sacramento, California banks that specialize in SBA loans and know how to work with entrepreneurs. California Bank & Trust is one such bank, as evidenced by this SBA loan to D-Lite-Ful Bakery & Deli Inc.
Finding a small business loan in Miami, Florida starts with an understanding of who else has gotten loans in the area. In this case, D-Lite-Ful Bakery & Deli Inc received funding from California Bank & Trust Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
D-LITE-FUL BAKERY & DELI INC
15130 SW 72ND STREET
MIAMI, FL 33193
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422490 - Other Grocery and Related Products Wholesalers
Loan Approval Date
1/11/2002
Loan Approval Gross Amount
$343,800
Loan Approval from the SBA
Of the total $343,800 loan amount, the SBA guaranteed $257,850.
More Information on This SBA Loan
The borrower, D-Lite-Ful Bakery & Deli Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. This loan was paid in full, and was closed out on 9/19/2005.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
D-Lite-Ful Bakery & Deli Inc 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 SBA loan database.
Related Links:
Microlending as a Small Business Funding Source
SBA 7A Lenders in Sacramento, California
SBA Lenders in California
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