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May 31, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Alameda, Business Loans > Bank Of Alameda Alameda Business Loans > Prepared Feeds & Feed Ingredients For Animals & Fo Loan | ||||
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Getting a Business Loan from Bank Of Alameda
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Bank Of Alameda SBA Loan to Prepared Feeds & Feed Ingredients For Animals & Fo CompanyAn SBA loan from Bank Of Alameda typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Jose, California business owner got a $250,000 loan. Getting a small business loan in San Jose, California was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Alameda, operating out of Alameda, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: PREPARED FEEDS & FEED INGREDIENTS FOR ANIMALS & FO SBA Loan Lender BANK OF ALAMEDA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2048 - Prepared Feeds & Feed Ingredients for Animals & Fo NAICS Code 112519 - Aquaculture Loan Approval Date 11/20/2003 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $250,000 loan. Remember, where there is a will, there is a way! 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: How Much Venture Capital Is There? SBA 7A Lenders in Alameda, California
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